Corporate political activity: A review and research agenda

Amy Hillman, Gerald Keim, Douglas Schuler

Research output: Contribution to journalArticlepeer-review

938 Scopus citations

Abstract

Corporate political activities, or corporate attempts to shape government policy in ways favorable to the firm, are commonly employed by firms across countries. We review recent scholarly work from management, political science, economics and sociology in the area of corporate political activity (CPA), paying particular attention to the literature published since Shaffer's [Shaffer, B. 1995. Firm-level responses to government regulation: Theoretical and research approaches. Journal of Management, 21: 495-514] review. To integrate this literature we provide a model of the antecedents of CPA, the different types of CPA, how firms organize to implement CPA and the outcomes of CPA both for public policy and firm performance. We conclude our review by proposing an agenda for future research in the area.

Original languageEnglish (US)
Pages (from-to)837-857
Number of pages21
JournalJournal of Management
Volume30
Issue number6
DOIs
StatePublished - Nov 2004

ASJC Scopus subject areas

  • Finance
  • Strategy and Management

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