Determinants and Effects of Corporate Lobbying

Material TypeArticleLanguageEnglish
TitleDeterminants and Effects of Corporate Lobbying Author(S)Matthew D. Hill (Author)
Abstract  We examine the determinants and value effects of corporate lobbying, controlling for corporate political action committee (PAC) campaign contributions. We find evidence that firms with greater potential payoffs from favorable policy and regulations lobby most actively, and that managers often utilize both lobbying and campaign contribution channels to influence the political climate affecting the firm. ...Paginationp 931-957
Journal TitleFinancial management  
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