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Cited by 147Political Influence and Corporate StrategiesElite Sociology and Global CapitalismElectoral Systems and Political Participation

The DOI matches its Crossref record; 48 of the 48 references it cites were found in a registry or an index.

Avenues of influence: on the political expenditures of corporations and their directors and executives

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Bonica, Adam·2016·Business and Politics
DOI 10.1515/bap-2016-0004
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Abstract

The literature on corporate political influence has primarily focused on expenditures made by corporations and their PACs but has largely ignored the political activities of the individuals who lead these firms. To better understand the role of corporate elites in political advocacy, I introduce a new database of campaign contributions made by corporate directors and executives of Fortune 500 firms. Donating to political campaigns is nearly universal among corporate elites. When compared to corporate PACs, corporate elites are more ideological, more willing to support non-incumbents, and less likely to target powerful legislators. The results also reveal substantial heterogeneity in the political preferences of directors both across and within firms. In addition to challenging widely held beliefs about the political leanings of corporate elites, the prevalence of bipartisan boardrooms has important implications for how the preferences of key decision-makers within a firm shape its political activities.

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Research works printed but not linked: 2

  1. 10.2307/3088884 · DOI
  2. Tullock, 1972, The Purchase of Politicians, Western Economic Journal, 10, 354

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Metadata

Authors
Bonica, A.
Affiliations
Stanford University (US)
Corresponding author
Bonica, Adam
ORCID
Bonica, Adam
Venue
Business and Politics
Publisher
Cambridge University Press (CUP)
Published
2016-12
Volume
18
Issue
4
Pages
367-394
ISSN
  • 1369-5258 (ISSN-L)
  • 1469-3569
DOI
10.1515/bap-2016-0004
OpenAlex
W3122715298
Cited by
147
References
48
Citations by year
2026: 12 · 2025: 22 · 2024: 23 · 2023: 18 · 2022: 14 · 2021: 14 · 2020: 10 · 2019: 13 · 2018: 9 · 2017: 4 · 2016: 4
FWCI
24.05
Type
journal article
Language
en
Open access
Licence
www.cambridge.org/core/terms (unspecified, 84 d)
Locations
  • Business and Politics (publishedVersion)
  • SSRN Electronic Journal (acceptedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
Funders
Stanford Institute for Research in the Social Sciences
Topics
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Political Influence and Corporate Strategies
  • Social Sciences › Sociology and Political Science › Elite Sociology and Global Capitalism
  • Social Sciences › Political Science and International Relations › Electoral Systems and Political Participation
Keywords
corporate political activity, campaign contributions, corporate directors, business executives, Fortune 500 companies, business elites, political ideology

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