The Chief Political Officer: CEO Characteristics and Firm Investment in Corporate Political Activity

被引:34
|
作者
Rudy, Bruce C. [1 ]
Johnson, Andrew F. [2 ]
机构
[1] Univ Texas San Antonio, Coll Business, Management, San Antonio, TX USA
[2] Texas A&M Univ, Management, Corpus Christi, TX USA
关键词
corporate political activity (CPA); relational CPA; transactional CPA; upper echelons theory; TOP MANAGEMENT; ORGANIZATIONAL PERFORMANCE; MANAGERIAL DISCRETION; DYNAMIC CAPABILITIES; UPPER ECHELONS; STATUS-QUO; STRATEGY; TEAM; MODEL; LEADERSHIP;
D O I
10.1177/0007650316675606
中图分类号
F [经济];
学科分类号
02 ;
摘要
Research on corporate political activity has considered a number of antecedents to a firm's engagement in politics. The majority of this research has focused on either industry or firm-level motivations that lead to corporate political activity, leaving the role of the firm's leader noticeably absent in such scholarship. This article combines ideas from Upper Echelons Theory with research in corporate political activity to bridge this important gap. More specifically, this research utilizes CEO demographic characteristics to determine (a) whether a firm will invest in political activity and (b) how these characteristics influence the particular approach to political activity the firm undertakes. Considering 27 years of data from large U.S. firms, we find that a CEO's age, tenure, functional, and educational backgrounds influence whether and how the firm invests in political activity.
引用
收藏
页码:612 / 643
页数:32
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