Pursuing strategic advantage through political means: A multivariate approach

In a constantly changing business environment, firms with access to those who make public policy. enjoy competitive advantage. To gain such access, politically active firms engage in a variety of tactics. Modeling the determinants of corporate political activity as a single, multivariate phenomenon, we demonstrate that. politically active firms combine tactics. We also show that political activism, institutional features of Congress, firm size; government contracts, and industry concentration drive firms to use multiple political tactics.