Business, corruption, and democracy

Daniel Nyberg

Chapter 7 in Elgar Encyclopedia of Business and Government, 2026, pp 35-40 from Edward Elgar Publishing

Abstract: There is an increase of firm and industry spending on different types of activities to influence democracy. Through corporate political activities such as lobbying or political marketing campaigns, firms attempt to influence policy decisions in a manner favourable to themselves. However, business influence on democratic processes can be seen as political corruption, since it supresses citizen representation in the political sphere, presents symbolic representation in the public sphere, and confines citizens’ representation in the private sphere. This entry explicates the corporate capture of representative democracy in outlining a common and often legal form of political corruption in showing how firms and industries use wealth and power to undermine democracy.

Keywords: Political corruption; Democracy; Representation; Corporate political activity (search for similar items in EconPapers)
Date: 2026
ISBN: 9781035307777
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