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Corporate Lobbying in Foreign Policy
More Americans than ever before believe that money in politics weakens our democracy. Public opinion polls show that the number of people who believe that the country is run by a few big interests looking after themselves rose to nearly 80% over the past 20 years.
Amy Skonieczny
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Essays on Corporate Lobbying in the US
Do firms intensify their lobbying efforts during challenging times to minimize losses, or do they tend to lobby more when additional resources are available? This dissertation examines how companies utilize lobbying to respond to negative shocks, specifically focusing on the impacts of Hurricane Katrina in 2005 and Hurricane Harvey in 2017.
Zelenina, Daria
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The Determinants of Effective Corporate Lobbying
SSRN Electronic Journal, 2013In this paper we study whether capital markets view lobbying activities to be value enhancing by examining the effects of lobbying on excess returns and stock return volatility. We undertake our analysis cautious that there are significant differences between the characteristics of lobbying and non-lobbying firms.
Richard Borghesi, Kiyoung Chang
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A hidden hand in corporate lobbying
Financial Management, 2020AbstractI investigate the role of institutional investors in firms’ lobbying activities. Firms with greater lobbying institutional ownership lobby more. Using a novel dataset with lobbying information on congressional bills, I show that institutional investors support portfolio firms by lobbying together on same bills.
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In the intricate landscape of modern society, the role of corporations extends beyond their primary business operations and financial goals. Companies are now deeply embedded in the complex interplay of political processes.
Oh, Hyunjoo
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SSRN Electronic Journal
A common concern is that ambitious climate policy is—at least in parts—obstructed by corporate lobbying activities. We quantify corporate anti- and pro-climate lobbying expenses, identify the largest corporate lobbyists and their motives, establish how climate lobbying relates to corporate business models, and document whether and how climate lobbying ...
Yu, Tingyu +2 more
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A common concern is that ambitious climate policy is—at least in parts—obstructed by corporate lobbying activities. We quantify corporate anti- and pro-climate lobbying expenses, identify the largest corporate lobbyists and their motives, establish how climate lobbying relates to corporate business models, and document whether and how climate lobbying ...
Yu, Tingyu +2 more
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Lobbying at the Water's Edge: The Corporate Foreign Policy Lobby
SSRN Electronic Journal, 2015Each year, groups ranging from multinationals to non-profits spend hundreds of millions of dollars lobbying America’s federal government on foreign policy. This massive flow of private dollars raises concerns about the health of political pluralism in the realm of America’s international relations.
Emilie Marie Hafner-Burton +2 more
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The Corporate Context of Lobbying Activity
Business and Politics, 2006Despite extensive research on political activity on the part of corporations, clear and consistent findings remain elusive. We identify three reasons for this failure. First, most of the empirical literature on corporate political activity simply studies the wrong phenomena by examining political action committees rather than lobbying more generally ...
Holly Brasher, David Lowery
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A Dark Side of Corporate Lobbying
SSRN Electronic Journal, 2020This paper studies the impacts of lobbying engagement on corporate innovation efforts. We find that more corporate lobbying activities causally impedes innovation, in contrast to the conventional stewardship perspective that lobbying brings government privileges. One percent increase in lobbying expenditures reduces the number of patents by 30 bps, the
Anqi Jiao, Juntai Lu
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Corporations, Rights, and Lobbying
Ethical Theory and Moral Practice, 2015While there may be several practical concerns regarding the practice of corporate lobbying of government officials, there is the more basic question of a corporation’s moral right to do so. I argue that group agents such as corporations have no moral rights, and thereby cannot have the right to lobby.
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