Corporate Lobbying Revisited
نویسنده
چکیده
منابع مشابه
Interest Group Lobbying and Corporate Strategy
We study corporate non-market strategies designed to influence the lobbying behavior of other special interest groups. We focus on conditions under which costly lobbying is an informative signal to policymakers about the true state of the world, and in which stringent policy is so costly to the firm that the firm is not viewed as a credible source of information. We study three corporate non-ma...
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This paper theoretically and empirically studies the impact of corporate governance level on firms’ choice in two political strategies: lobbying and making political contributions. The theoretical model implies that managers with short-run personal interest, prefer making political contributions; while shareholders caring about firms’ longterm success, are willing to do informational lobbying. ...
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We study three corporate nonmarket strategies designed to influence the lobbying behavior of other special interest groups: (1) astroturf, in which the firm covertly subsidizes a group with similar views to lobby when it normally would not; (2) the bear hug, in which the firm overtly pays a group to alter its lobbying activities; and (3) self-regulation, in which the firm voluntarily limits the...
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