Top management teams and corporate political activity: Do top management teams have influence on corporate political activity?
Mine Ozer
Journal of Business Research, 2010, vol. 63, issue 11, 1196-1201
Abstract:
This study explores how senior executives affect firms' propensity to engage in political activity. I propose that firms' participation in the political process depends on their senior executives' involvement in political activity. I examine this framework using data on the campaign contributions of 151 U.S. manufacturing firms during the years 1999-2002. The results suggest that senior executives' involvement in a particular political activity affects their firms' commitment to that political activity, contingent on CEO tenure and top management team heterogeneity.
Keywords: Corporate; political; activity; Top; management; team; heterogeneity; CEO; tenure (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (21)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:63:y:2010:i:11:p:1196-1201
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