Corporate Political Activity in Areas of Limited Statehood: A Governance Approach

Sameer Azizi, Tanusree Jain, Harry J. Van Buren

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Abstract

This paper presents a response to the need for a contextual understanding of Corporate Political Activity (CPA) in contexts of limited statehood. The authors propose an analytical framework that emphasizes the unique characteristics of formal and informal institutions and actors in developing countries. We argue that the current debates on the political role of business often overlook the diversity of state capacity and stakeholder dynamics in these contexts. The authors suggest that Western conceptualizations of state-centric governance have biased CPA discussions to date. Instead, we advocate for a multi-level governance framework that recognizes the diversity of actors and their interests in relation to various political issues relevant to the CPA discourse. In result, we propose that adopting a multilevel governance perspective can facilitate a revision of existing binary notions of formality, legality, and ethics in business-society relations. Our framework can contribute to a more nuanced understanding of the political nature and role of corporations in contexts with varying degrees of statehood. The authors encourage further research in this area to challenge prevailing conceptualizations of business-government relations.
Original languageEnglish
Title of host publicationProceedings of the Eighty-fourth Annual Meeting of the Academy of Management
EditorsSonia Taneja
Number of pages1
Place of PublicationValhalla, NY
PublisherAcademy of Management
Publication date2024
DOIs
Publication statusPublished - 2024
EventThe Academy of Management Annual Meeting 2024: Innovating for the Future: Policy, Purpose, and Organizations - Chicago, United States
Duration: 9 Aug 202413 Aug 2024
Conference number: 84
https://aom2024.eventscribe.net/

Conference

ConferenceThe Academy of Management Annual Meeting 2024
Number84
Country/TerritoryUnited States
CityChicago
Period09/08/202413/08/2024
Internet address
SeriesAcademy of Management Annual Meeting Proceedings
ISSN0065-0668

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