Article
A Meta-analysis of the Impact of Corporate Political Activity on Firm Outcomes
Academy of Management Annual Meeting Proceedings
(2012)
Abstract
Using meta-analytic methods on a sample of 74 studies, including journal articles, books and working papers, we not only challenge the widespread belief that corporate political activity is beneficial but also provide a fine-grained account of the intermediary links between CPA and public policy outcomes as well as between CPA and firm outcomes. We also explore the context under which CPA is more and less beneficial to firms. Specifically, we find that CPA has at best a weak effect on public policy outcomes and firm outcomes and that it appears to be better at maintaining public policy than changing them. Furthermore we find that firm-level CPA has a modest effect on neutralizing regulation.
Disciplines
Publication Date
July 1, 2012
DOI
10.5465/AMBPP.2012.76
Citation Information
Michael Hadani, Nicolas Dahan and Jean-Philippe Bonardi. "A Meta-analysis of the Impact of Corporate Political Activity on Firm Outcomes" Academy of Management Annual Meeting Proceedings Vol. 2012 Iss. 1 (2012) ISSN: 2151-6561 Available at: http://works.bepress.com/dahannicshuedu/16/