Corporate political strategy and foreign competition: the case of the steel industry
Article Abstract:
An underplayed topic in the strategic management literature is firms' use of political strategies, such as lobbying the government for trade protection. This study developed and tested a simple model examining the magnitude, scope, and timing of U.S. steel firms' use of political strategies to address U.S. trade policy. The findings showed that the industry's largest firms dominated the politics surrounding trade protection in order to capture expected benefits from trade protection or to postpone high downsizing costs. Firms engaged in certain political strategies not when import competition was the greatest but when domestic demand was weak. (Reprinted by permission of the publisher.)
Publication Name: Academy of Management Journal
Subject: Business, general
ISSN: 0001-4273
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Leaders, followers, and free riders: an empirical test of variation in corporate political involvement
Article Abstract:
This study extended previous empirical work on corporate political activity by examining corporate involvement with the U.S. International Trade Commission. Our findings suggest that organizational slack is an important determinant of corporate political strategy and that the presence of a large number of politically inactive firms in an industry does not deter other firms from becoming politically active. (Reprinted by permission of the publisher.)
Publication Name: Academy of Management Journal
Subject: Business, general
ISSN: 0001-4273
Year: 1991
User Contributions:
Comment about this article or add new information about this topic:
How governments matter to new industry creation
Article Abstract:
The opportunities and challenges for governments and innovating firms operating within countries that display national political structures is presented. The relative strength of state institutions that compromise government policies and firms' innovation strategies is emphasized.
Publication Name: Academy of Management Review
Subject: Business, general
ISSN: 0363-7425
Year: 2005
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Accounting procedures, market data, cash-flow figures, and insolvency classification: the case of the insurance industry
- Abstracts: The interplay of industrial policy and international strategy: Japan's machine tool industry. part 2 Global or stateless corporations are national firms with international operations
- Abstracts: Interacting locally and evolving globally: a computational approach to the dynamics of organizational populations
- Abstracts: Financial management: the leading edge of management accountancy. Should the IMA require mandatory continuing education
- Abstracts: Effects of ethnic group cultural differences on cooperative and competitive behavior on a group task. Effects of family responsibilities, gender, and career identity salience on performance outcomes