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The Paradox of Algorithms and Blame on Public Decision-makers Business and Politics (IF 2.457) Pub Date : 2024-03-18 Adam L. Ozer, Philip D. Waggoner, Ryan Kennedy
Public decision-makers incorporate algorithm decision aids, often developed by private businesses, into the policy process, in part, as a method for justifying difficult decisions. Ethicists have worried that over-trust in algorithm advice and concerns about punishment if departing from an algorithm’s recommendation will result in over-reliance and harm democratic accountability. We test these concerns
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Data and statecraft: why and how states localize data Business and Politics (IF 2.457) Pub Date : 2024-03-12 Sanghyun Han
This paper explores the motives and mechanisms behind data localization implemented by states to protect data, which is essential to emerging technologies such as Artificial Intelligence. Despite the significant negative aspects of data localization for states, the practice has become increasingly prevalent, leading to the unexplored question of why states choose to implement it. This suggests that
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The future of AI politics, policy, and business Business and Politics (IF 2.457) Pub Date : 2024-03-12 Eric Best, Pedro Robles, Daniel J. Mallinson
Our aim with this special issue on the future of artificial intelligence (AI) politics, policy, and business is to give space to considering how the balalnce between risk and reward from AI technologies is and perhaps should be pursued by the public and private sectors. Ultimately, private firms and regulators will need to work collaboratively, given the complex networks of actors involved in AI development
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Are regime changes always bad economics? Evidence from daily financial data Business and Politics (IF 2.457) Pub Date : 2024-03-12 Devin Incerti, Trevor Incerti
Political instability is commonly thought to discourage investment and reduce economic growth. We challenge this consensus by showing that instability does not systematically depress investment. Using an event study approach, we examine daily returns of national financial indices in every country that experienced an irregular regime change subject to data availability. Returns following resignations
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Bilateral treaty networks: assessing cooperative spillover in defense and investment Business and Politics (IF 2.457) Pub Date : 2024-03-11 Brandon J Kinne, Clint Peinhardt
The potential for mutual influence or “spillover” between economic and security cooperation is a long-standing area of interest for policymakers and scholars alike. This paper examines how network dynamics affect spillover. We focus on two prominent types of formal bilateral cooperation—defense cooperation agreements (DCAs) and bilateral investment treaties (BITs)—both of which have proliferated dramatically
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Securing securities: political risk, sovereign debt, and the Anglo-American financial power transition Business and Politics (IF 2.457) Pub Date : 2024-03-11 Michael Lee
Under what conditions do countries lose their status as the leading global financial center? Some scholars argue that such shifts follow shortly after transitions in the distribution of other key capabilities (e.g. GDP), while others argue that path dependence or other more bespoke capabilities might be able to sustain financial leadership long after decline in other capabilities. This paper aims to
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Securitizing high-technology industries: South Korea–Japan dispute over materials–parts–equipment products Business and Politics (IF 2.457) Pub Date : 2024-03-11 Min Gyo Koo
The Japan–Korea whitelist dispute (2019–2023) embodies key features of interstate disputes related to economic statecraft ideas. Against the backdrop of the legal dispute over Japan’s “essential security interests” claim based on GATT Article 21 (Security Exceptions), this study analyzes South Korea’s response to the whitelist dispute, with a focus on its materials–parts–equipment localization policy
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The political consequences of corporate donations for public service provision Business and Politics (IF 2.457) Pub Date : 2024-03-04 Sean McCarty, Jane L. Sumner
Companies often donate to support public service delivery in US cities. Although this can help alleviate budgetary struggles for those governments, it is unclear what effect it may have on the individual residents receiving the services. In this paper, we argue that people who receive services funded in part by corporate donations are less likely to hold their local governments accountable if the services
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Political contributions by American inventors: evidence from 30,000 cases Business and Politics (IF 2.457) Pub Date : 2024-03-04 Nicholas Short
Political scientists know surprisingly little about the political behavior of inventors, or those who produce new technologies. I therefore merged US patent and campaign contribution (DIME) data to reveal the donation behavior of 30,603 American inventors from 1980 through 2014. Analysis of the data produces three major findings. First, the Democratic Party has made significant inroads among American
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Violence, Predation, and FDI Entry Business and Politics (IF 2.457) Pub Date : 2024-02-21 Colin M. Barry
I present a theoretical framework that links different configurations of organized violence to global patterns in foreign direct investment (FDI). Insurgents, states, and rogue government agents all use violence for political purposes (i.e., incapacitating rivals), but they vary in how they use violence for economic purposes (i.e., generating income). Applying Olson’s (1993) concepts of “roving” and
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High technology and economic statecraft: the emergence of techno-economic statecraft in South Korea Business and Politics (IF 2.457) Pub Date : 2024-02-15 Seungjoo Lee
This study identifies the core of Korea’s economic statecraft as (1) diversification of the supply chain of high-tech industries to proactively mitigate vulnerability to economic coercion, (2) the pursuit of technological sovereignty to increase self-sufficiency in advanced technologies, (3) governance reforms to strengthen supply chain resilience, and (4) industrial policies to enhance the competitiveness
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AI regulation in the European Union: examining non-state actor preferences Business and Politics (IF 2.457) Pub Date : 2024-02-15 Jonas Tallberg, Magnus Lundgren, Johannes Geith
As the development and use of artificial intelligence (AI) continues to grow, policymakers are increasingly grappling with the question of how to regulate this technology. The most far-reaching international initiative is the European Union (EU) AI Act, which aims to establish the first comprehensive, binding framework for regulating AI. In this article, we offer the first systematic analysis of non-state
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Is industrial policy back in fashion? Text-as-data evidence from UK policy documents Business and Politics (IF 2.457) Pub Date : 2024-02-15 Mircea Popa
This article evaluates the claim that industrial policy is seeing a revival in developed economies, using text-as-data evidence from UK government policy papers. Structural topic modeling shows that content which can be related to industrial policy has indeed seen a large increase in prevalence over the past decade compared to the baseline of the post-1980 liberal era. Moreover, such content is shown
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Informational lobbying, information asymmetry, and the adoption of the ride-hailing model policy in the U.S. States Business and Politics (IF 2.457) Pub Date : 2024-02-15 Yuni Wen
Existing research on lobbying has predominantly focused on its material returns, such as equity returns, stock prices, and government contracts while overlooking its informational impact. This paper addresses this gap by investigating to what extent and under what conditions policymakers assimilate information delivered through corporate lobbying. Drawing on an informational perspective, it proposes
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Antidumping Protectionism and Globalized Economies Business and Politics (IF 2.457) Pub Date : 2024-02-15 Tyler Coleman
Why do firms demand antidumping protectionism? Contemporary literature highlights a plethora of causal mechanisms within the data-generating process, including retaliatory motives, exchange rate appreciations, business cycles, and deindustrialization. I argue that countries that are economically integrated into global markets should be associated with less demand for antidumping trade remedies. In
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Stakeholder Cues, National Origin, and Public Opinion Towards Firms: Evidence in the Context of the First Bank in an American Indian Nation Business and Politics (IF 2.457) Pub Date : 2024-02-15 Rachel L. Wellhausen, Donn L. Feir, Calvin Thrall
When and how does stakeholder credibility matter in shaping public opinion? We explore this question in a real-world setting: in order to fight its citizens’ financial exclusion—a key barrier to development in Indian Country—American Indian Nation “A” negotiated the first entry of the first bank to its reservation. The bank is owned by American Indian Nation “B.” To the Federal Reserve, the bank branch
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Business politics is usually about attempts to exert influence rather than power evidence from Australia Business and Politics (IF 2.457) Pub Date : 2024-02-15 Stephen Bell, Andrew Hindmoor
We argue that the everyday language distinction drawn between power and influence is meaningful and significant. There is good reason to believe that much corporate lobbying activity which is currently described under the heading of business power is better understood as attempts to secure negotiated agreements based on exerting influence rather than power and that the latter is usually used only when
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Relative strength and foreign direct investment in civil conflicts Business and Politics (IF 2.457) Pub Date : 2023-10-16 Samaila Oluwatope Adelaiye, Si Chen, Mehwish Sarwari
What factors contribute to the differences in foreign direct investment (FDI) levels in environments characterized as high risk? While research shows that armed conflict influences foreign investment decisions, it remains unclear how conflict dynamics, specifically the relative power capabilities of warring parties, affect FDI. This study explores the effects of rebel strength relative to government
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Business politicians and fiscal consolidation Business and Politics (IF 2.457) Pub Date : 2023-09-21 Nicola Nones
What explains the variation in countries’ propensity to engage in austerity policy? Economic and political country-level factors are the paramount explanations in the literature. Nevertheless, variation in fiscal preferences at the executive level remains underexplored, except for ideology. Moreover, budget decisions are endogenous to the state of the economy, thus casting doubt on standard measures
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Enforcing economic sanctions by tarnishing corporate reputations Business and Politics (IF 2.457) Pub Date : 2023-09-08 Keith A. Preble, Bryan R. Early
What strategies work best for enforcing sanctions? Sanctions enforcement agencies like the US Office of Foreign Assets Control (OFAC) face resource limitations and political constraints in punishing domestic firms for violating sanctions. Beyond monetary fines, sanctions enforcement actions also serve a “naming and shaming” function that tarnishes violators’ reputations. Larger, higher-profile companies
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What types of social policies does business want? Examining German employer associations’ positions toward labor-protective and labor-activating social policies Business and Politics (IF 2.457) Pub Date : 2023-08-10 Benedikt Bender, Thomas Paster
Studies inspired by the varieties of capitalism (VoC) approach suggest that in coordinated market economies, some employer associations support public social policies to encourage the workforce to invest in company and industry-specific skills (VoC thesis). Yet the VoC thesis remains disputed. We present and assess an alternative thesis that builds on employers’ interest in the protection of labor
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Beyond Pandering: Investment Project Quality, Voter Support, and the Use of Investment Incentives Business and Politics (IF 2.457) Pub Date : 2023-08-09 Stefano Jud
Why are politicians selective in granting investment incentives to foreign direct investment (FDI) projects? One understudied reason is that politicians want to minimize backlash from voters. In this article, I present the first study to systematically analyze voter preferences toward investment incentives. I theorize that voters should be more likely to support investment incentives for FDI projects
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Federal Climate Policy Successes: Co-benefits, Business Acceptance, and Partisan Politics Business and Politics (IF 2.457) Pub Date : 2023-08-07 Roger Karapin, David Vogel
While most literature on federal climate change policies has focused on failures to adopt broad policies, this article describes and explains successes in two important sectors. Regulations to improve the fuel economy of motor vehicles and efficiency standards for appliances and equipment have produced substantial reductions in greenhouse gas emissions, although they largely have other goals and hence
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The Future of AI Is in the States: The Case of Autonomous Vehicle Policies Business and Politics (IF 2.457) Pub Date : 2023-07-31 Daniel J. Mallinson, Lauren Azevedo, Eric Best, Pedro Robles, Jue Wang
The myriad applications of artificial intelligence (AI) by the private and public sectors have exploded in the public consciousness in the postpandemic period. However, researchers and businesses have been working on AI technology applications for decades, and in many ways, governments are rushing to catch up. This article presents an argument that the future of AI policy in the United States will
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Banning indirect boycotts: Contentious interactions and the role of the state in marketplace activism Business and Politics (IF 2.457) Pub Date : 2023-07-31 Erin O'Brien, Hope Johnson, Yu-An Murray
In 2019, the prime ministers of the United Kingdom and Australia both declared their intent to ban indirect, or secondary, boycotts. In the United Kingdom, the ban was directed against public bodies engaging in the “boycott, divest, and sanction” (BDS) campaign against Israel. In Australia, the proposed ban was directed against environmental action groups. Research on market-based activism to date
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Novelty and the demand for private regulation: Evidence from data privacy governance Business and Politics (IF 2.457) Pub Date : 2023-07-26 Guillaume Beaumier
Private regulations are often presented as low-cost and flexible institutions that can act as policy incubators. In this article, I question under which conditions they go beyond legal compliance and experiment with new rules. Based on a content analysis of 126 data privacy regulations adopted between 1995 and 2016 in the European Union and the United States and thirty-five semistructured interviews
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Economic globalization and the fracturing of business interest representation in the European Union Business and Politics (IF 2.457) Pub Date : 2023-07-03 Marcel Hanegraaff, Arlo Poletti, Ellis Aizenberg
Individual firms have become the dominant lobby actors in the European Union, while associational business interest representation has declined. This is alarming because individual firms tend to overlook the long-term interests of society by focusing on what is important in the short term for their own survival. How can we explain this trend? This article argues that globalization is a key driver of
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Corporate Lobbying and ESG Reports: Patterns among US Companies, 1999–2017 Business and Politics (IF 2.457) Pub Date : 2023-06-01 Huchen Liu, Sijing Wei, Jiarui Zhang
To lobby legislators, it is important for interest groups to signal their ability to help legislators win elections and provide them with policy-relevant information. We explore for-profit companies’ use of environmental, social, and governance (ESG) reports as a signaling device to promote their reputation to legislators and convey their ability to provide electoral and policymaking support, which
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Foreign Direct Investment Hosts and Violent Government Repression of Protests Business and Politics (IF 2.457) Pub Date : 2023-05-22 Samaila Oluwatope Adelaiye
There has been a brewing argument on the effects of economic globalization on the repression of human rights. My argument in this article joins the optimistic perspective on the relationship between the globalizing economy and state repression. I argue that governments consider backlash from investors in their decisions about whether to use repression. Investors, motivated by international human rights
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Green Product Portfolio and Environmental Lobbying Business and Politics (IF 2.457) Pub Date : 2023-05-18 Jihyun Eun, Minjung Lee, Young Hoon Jung
Nowadays, a growing number of firms utilize corporate lobbying to advocate for more environmentally friendly policies and regulations, deviating from the traditional lobbying mainly used to minimize regulatory burdens. In this study, we investigate what motivates firms to engage in such an unusual type of lobbying—environmental lobbying. Focusing on the product strategy of firms, we suggest that firms
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The Entrepreneurial University's Impact on Regional Socioeconomic Development: The “Alumni Policymaker” Mechanism Business and Politics (IF 2.457) Pub Date : 2023-05-12 Robyn Klingler-Vidra, Adam William Chalmers
Research has examined the impact of the “entrepreneurial university” on regional socioeconomic development by focusing on the entrepreneurial intentions and performance of alumni, staff, and students. The study of impact, to date, has focused on direct and short-term mechanisms, such as alumni's entrepreneurial activities, faculty spin-outs, and active public engagement with policy agendas. Our point
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The Cost of Wrongdoing to Bystander Firms Business and Politics (IF 2.457) Pub Date : 2023-05-11 Minjung Lee, Mina Lee, Seung-Hyun Lee
We argue that a taken-for-granted category gives way to a new category when strategic behavior becomes stigmatized. As a result, even bystander firms that have engaged in similar strategic behavior, such as lobbying, will be penalized by their association with the culpable strategic behavior. The extent of their association with the culpable behavior will determine the level of punishment they receive
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Bargaining Power in a Globalized World: The Effect of Global Value Chains in Trade Negotiations Business and Politics (IF 2.457) Pub Date : 2023-05-05 Yannick Stiller
What determines the bargaining power of states in international trade negotiations? The literature focuses predominantly on economic strength as the determinant of bargaining power. However, this explanation neglects the reality of modern trade, which is characterized by the globalization of production and high levels of economic interdependence. I argue that this interdependence undermines the effect
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The contingent value of connections: legislative turnover and revolving-door lobbyists Business and Politics (IF 2.457) Pub Date : 2023-04-12 James M. Strickland
Former legislators who lobby exacerbate the effects of financial resources on the relative political influence that various organized interests achieve. These lobbyists receive more income and achieve favorable policy outcomes more often than other lobbyists. The value of these revolving-door lobbyists, however, is contingent on the continued presence of former colleagues in legislatures. Former legislators
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Business power against redistribution: The case of watered-down tax reform in Poland Business and Politics (IF 2.457) Pub Date : 2023-03-24 Jakub Sawulski, Nikodem Szewczyk, Kinga Rafalska, Maciej Smółko
In 2021 the ruling party in Poland proposed a reform to reverse the regressivity of the Polish tax system. Although the number of potential beneficiaries significantly exceeded the number of sufferers, the media coverage of the reform was strongly negative. This pushed the government to introduce reform adjustments, all of which benefited the high-income self-employed, increasing the cost of the reform
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The perceptional triangle of incivility, politics, and democracy: The role of supportiveness Business and Politics (IF 2.457) Pub Date : 2023-03-01 Kaleem Ahmed, Alia Ahmed, Shahzada Adeel
Bringing democracy to the workplace has gained researchers’ attention during the last few years. In addition to its proorganizational outcomes, democratization at the workplace also helps to eradicate organizational negativities. The present study investigates these claims by empirically examining the relationship between organizational democracy, perception of politics, and workplace incivility. A
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Can We Talk About Pay Discrimination/Equal Pay/Strategic Compensation Practices? An Exploratory Study on Framing Gender Pay Inequity Business and Politics (IF 2.457) Pub Date : 2023-01-20 Amber N. W. Raile, Caroline Graham Austin, Virginia K. Bratton
Situated within the public will and political will framework, this paper explores frames to address the social issue of gender pay inequity. Specifically, the authors examine whether demographic characteristics affect perceived acceptability of different frames describing gender pay inequity and perceptions of this social issue. First, the authors identified 26 terms used to discuss gender pay inequity;
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An examination of legality of global abortion services and the genesis of public policy Business and Politics (IF 2.457) Pub Date : 2023-01-10 Laurel Steinfield, Girish Ramani, Ronald Paul Hill, Rehana Paul
Legality of abortion has been one of the most controversial political initiatives in modern times, which also impacts the healthcare delivery system especially for women. The debate often devolves into disagreement on either access to services on demand from healthcare providers or service refusal regardless of the circumstances. However, the reality is different from this bipolar conversation. Instead
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Lobbying the executive branch: Unpacking access to political heads, political advisers, and civil servants Business and Politics (IF 2.457) Pub Date : 2022-12-22 Adrià Albareda, Angel Saz-Carranza, Michiel Van Acoleyen, David Coen
This article systematically examines how access of business groups and nongovernmental organizations (NGOs) to the executive branch of the European Union varies across political heads, civil servants, and an understudied yet critical intermediary figure of the executive branch: political advisers. Building upon exchange theory, we argue that the occurrence of a meeting between public officials and
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The US chamber and chambers of commerce respond to Black Lives Matter: Cheap talk, progressive neoliberalism, or transformative change? Business and Politics (IF 2.457) Pub Date : 2022-10-17 Daniel Kinderman
This article examines the responses of the US Chamber of Commerce and state- and local-level chambers of commerce to Black Lives Matter (BLM). The US Chamber of Commerce's Equality of Opportunity Initiative stresses the business case for racial equity and the economic benefits that can be attained by overcoming race-related inequalities. Many chambers are adopting racially progressive positions, often
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Inoculating the University R&D Enterprise: How RISC can strengthen post-COVID-19 research integrity and global supply chains Business and Politics (IF 2.457) Pub Date : 2022-04-27 William J. Norris,Katie Vaughan-Naron,Neha Kashyap,Joseph Balmain Rodgers
AbstractThe COVID-19 pandemic has underscored emerging vulnerabilities in the US research and development (R&D) ecosystem. While an open and collaborative environment has been essential for advancing R&D, this approach exposes university-based R&D to a variety of security threats including state-supported efforts, attacks by malicious actors, and insufficient internal mitigation. As the pandemic led
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Dispute settlement, labor and environmental provisions in PTAs: When will business interests shift positions? Business and Politics (IF 2.457) Pub Date : 2022-03-04 Rodrigo Fagundes Cezar
AbstractSome protrade business interests that are against hard enforcement of labor and environmental provisions in trade deals may end up eventually supporting it, while others stick to their initial opposition. Why? When will their positions change? The existing literature would expect protrade interests to be more or less in favor of non-trade issues in trade policies according to how dependent
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The power and limits of expertise: Swiss–Swedish linking of vehicle emission standards in the 1970s and 1980s Business and Politics (IF 2.457) Pub Date : 2022-03-04 Mattias Näsman,Sabine Pitteloud
Abstract Recent decades have witnessed increased public concern about vehicle emissions and growing frustration with political inaction and business preferences for the status quo. This article provides historical perspective on such regulatory dynamics by analyzing the Swiss and the Swedish cases of vehicle emission governance in the1970s-1980s. Relying on archival documents detailing the policy process
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Interest or ideology? Why American business leaders opposed the Vietnam War Business and Politics (IF 2.457) Pub Date : 2022-03-01 Alexander Kirss
AbstractWhy do business leaders support or oppose interstate wars? This article clarifies and empirically illustrates two competing perspectives on the sources of business war preferences: the opinions businesses have about interstate conflict. Namely, while an “economic consequences” perspective argues that business war preferences stem primarily from the economic effects of interstate conflicts,
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Firm-specific characteristics, political connections, and financial outcomes: Evidence from Indian firms Business and Politics (IF 2.457) Pub Date : 2022-02-14 Surender Rao Komera,Santosh Kumar Tiwari
AbstractOur selection and endogeneity corrected findings suggest that firms' political connections negatively influence their market value. We find that firms with a larger size, more operationally efficient in utilizing their assets, and those operating in more concentrated industries benefit more from the political connections than the otherwise corresponding firms. We also report that political
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Innovation and Perceived Corruption: A Firm-Level Analysis for India Business and Politics (IF 2.457) Pub Date : 2022-01-19 Nabamita Dutta,Saibal Kar,Hamid Beladi
AbstractDo perceived obstacles about corruption matter for Indian firms when it comes to their probability to innovate? Using World Bank Enterprise Survey firm-level data, we show that a unit rise in corruption perception of firms in India lowers innovation rate by about 1 percent. The result is important in terms of policy implementation because recent studies have shown that perceived obstacles can
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Integrated market and nonmarket strategies: Empirical evidence from the S&P 500 firms’ climate strategies Business and Politics (IF 2.457) Pub Date : 2022-01-14 Younsung Kim
AbstractFirms with well-formulated competitive market strategies could still fail due to their lack of effective nonmarket strategy. Climate change poses significant threats to firms and presents firms’ need to develop nonmarket strategy integrated with market strategy. Relying on the unique dataset of US S&P 500 firms’ responses to climate change, this study seeks to ask why some firms attempt to
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Navigating norms and invisible rules: Explaining the case of business influence in international shipping regulation Business and Politics (IF 2.457) Pub Date : 2022-01-10 Christian Hendriksen
AbstractThis article develops a micro-level theoretical perspective of business influence in international negotiations. By drawing on organizational institutional theory, the article proposes that site-specific institutionalized norms can structure the nature and extent of business power. The article illustrates the value of this perspective through an illustrative case study of the International
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How does business power operate? A framework for its working mechanisms Business and Politics (IF 2.457) Pub Date : 2022-01-03 Milan Babic,Jouke Huijzer,Javier Garcia-Bernardo,Diliara Valeeva
AbstractThe global financial crisis of 2008, its following bank bailouts, and associated corporate impunity sparked a renewed interest in the concept of the structural power of business and the question of “who rules?” in capitalist societies. This new wave of scholarship mitigated some of the problems of the original, theory-driven discussions from the 1970s and 1980s. But despite significant advancements
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The 2020s political economy of machine translation Business and Politics (IF 2.457) Pub Date : 2021-12-10 Steven Weber, Nikita Mehandru
This article specifies and explores the hypothesis that the diversity of human languages, right now a barrier to “interoperability” in communication and trade, will become significantly less of a barrier as machine translation technologies are deployed over the next several years. We argue that machine translation will become the 2020's analogy for ideas, to what container shipping did for goods trade
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The Power of Delay: Banking System Structure and Implementation of the Basel Accords Business and Politics (IF 2.457) Pub Date : 2021-08-27 Christopher Mitchell
Recent developments in the international banking system, especially the 2007–9 crisis and subsequent wave of postcrisis regulation, have drawn increasing attention to the structural power of banks and banking systems. States need a functioning financial system to ensure the overall health of their economies, so states must shape policy to protect their financial firms. National financial systems may
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Networked capital: indirect investment and BIT formation Business and Politics (IF 2.457) Pub Date : 2021-08-20 Andrey Tomashevskiy
Why do states participate in bilateral investment treaties (BITs)? In this article, I examine the role of indirect investment on BIT formation. Indirect investment flows are an important aspect of the global investment regime that are underexamined by research focused on direct flows only. Indirect flows play an important role in affecting incentives for BIT participation because firms channel investment
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Bigger than Bitcoin: A Theoretical Typology and Research Agenda for Digital Currencies Business and Politics (IF 2.457) Pub Date : 2021-08-18 Tim Marple
Currency is the fundamental economic technology that makes promises credible among actors within and across societies. From shells, to metals, to paper, the technology of money has continually evolved to meet the changing needs of human society. The twenty-first century is witnessing yet another evolution in the technology of money: digital currencies. Although political economy scholarship has begun
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Philippine private sector response, strategies, and state-business relations toward economic recovery and growth post-COVID-19 Business and Politics (IF 2.457) Pub Date : 2021-08-18 Lara Gianina Reyes
The Philippines was among the fastest-growing economies averaging within the 6.5 percent GDP growth in the past five years. However, the COVID-19 crisis brought major disruptions to the Philippine economy as growth, employment, and overall productivity fell into recession levels along with the declaration of a nationwide lockdown. As the pandemic resulted in a series of business closures, supply chain
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Interacting Corporate Political Activities with Evidence from the Tobacco Industry Business and Politics (IF 2.457) Pub Date : 2021-07-30 Kartik Rao, Brandon Schaufele
Research on firm-level corporate political activity often treats firm-government interactions as independent of the market competition between firms. Yet, firms that compete in the market will consider rivals when making strategic nonmarket decisions. Ignoring market rivalry when studying nonmarket strategy introduces fundamental endogeneity problems and potentially overlooks a central mechanism explaining
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Resistance Is Not Futile: Co-operatives, Demutualization, Agriculture, and Neoliberalism in Australia Business and Politics (IF 2.457) Pub Date : 2021-07-22 Greg Patmore, Nikola Balnave, Olivera Marjanovic
Recognition of co-operatives as a legitimate business model and form of economic participation was significantly challenged by the rise of neo-liberalism in the 1980s with its emphasis on individuals and markets. This fueled an externally and internally driven push to demutualize co-operatives and convert them into Investor Owned Businesses (IOB). While the international trend to demutualize emerged
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Cosponsoring and Cashing In: US House Members’ Support for Punitive Immigration Policy and Financial Payoffs from the Private Prison Industry Business and Politics (IF 2.457) Pub Date : 2021-07-05 Jason L. Morín, Rachel Torres, Loren Collingwood
The private prison industry is a multi-million-dollar industry that has increasingly profited from the detention of undocumented immigrants. As a government contractor, therefore, the industry has a natural interest in government decision making, including legislation that can affect its expansion into immigrant detention. In this article, we examine the relationship between campaign donations made
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Who's Afraid of Sunlight? Explaining Opposition to Transparency in Economic Development Business and Politics (IF 2.457) Pub Date : 2021-06-21 Nathan M. Jensen, Calvin Thrall
Firms and governments often negotiate economic development deals, such as tax abatements, with limited transparency, using exceptions to public records laws or other strategies for nondisclosure. In this article we explore the motivations of firms for keeping economic development deals out of the public eye. We explore legal challenges to public records requests for deal-specific, company-specific
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Soft Law Engagements and Hard Law Preferences: Comparing EU Lobbying Positions between UN Global Compact Signatory Firms and Other Interest Group Types Business and Politics (IF 2.457) Pub Date : 2021-06-07 Onna van den Broek
Although corporate social responsibility (CSR) has gone “mainstream,” the relationship between CSR and corporate political activities (CPA) has received little scholarly attention. This is problematic because firms potentially have a more sizable impact through their lobbying activities for socially and environmentally beneficial (or unbeneficial) public policies than through their own operations.
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Foreign Investment and Right-to-Work Laws Business and Politics (IF 2.457) Pub Date : 2021-06-07 Paulo Cavallo, Clint Peinhardt
In the competition between American states for economic development, about half of American states offer lower levels of labor rights in the form of “right-to-work” (RTW) laws. RTW states often tout their advantages in competing for foreign investment, but do foreign companies really want weaker labor regulation? Many foreign firms locate production in the United States not to lower labor costs but