Abstract

It is apparent that firms differ in both the nature and extent of political activities in which they choose to participate. This might be due to various dynamics of governmental regulation, differing industry conditions, or tendencies of specific firms to respond to social or market pressures differently than their rivals, among other possible explanations. The study of corporate political strategy is aimed at explaining these and other differences in firms' political behavior. The purpose of this discussion session is to generate participative discussion regarding theoretical refinements to the proposed model and empirical methodologies that might be used to advance our understanding of this topic.