Influencing public policymaking: Firm-, industry-, and country-level determinants

• 成果类型: Article
• 署名作者: Macher, Jeffrey T.; Mayo, John W.
• 署名单位: Georgetown University
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.2326
• 发表日期: 2015
• 页码: 2021-2038
• 关键词: public policymaking; nonmarket strategy; firm size; Industry competition; country political institution environment

摘要

This paper examines the determinants of firms' public policymaking influence. Using a novel and global database that measures firms' perceived influence over the executive and legislative branches of government, a systematic analysis of the firm-, industry-, and country-level determinants, and interrelationships among these determinants of firms' public policymaking influence is undertaken. The empirical results indicate that large firms perceive they have more public policymaking influence than small firms, but these differences are conditioned by the number of industry competitors and the structure of the country political institution environment. Nonmarket strategy implications that follow from this refined understanding are developed and discussed. Copyright (c) 2014 John Wiley & Sons, Ltd.