The Corporation as a Political Actor: European and North American Perspectives

    Research output: Contribution to journalJournal articleResearchpeer-review

    Abstract

    This article distinguishes two approaches to study the political role of corporations. On the one hand, North American scholars have primarily understood the link between business and politics through the lens of corporate political activity (CPA) looking at how firms influence government policy. On the other hand, European scholars have recently promoted an understanding of corporate social responsibility (CSR) emphasizing that firms often assume a political role because they increasingly provide public goods and become involved in multi-actor governance processes. This article contrasts both approaches and suggests that differences in the way the political role of corporations are understood can at least, in part, be explained by the distinct nature of European/North American management scholarship as well as by the political environment in both regions. It is also suggested that both perspectives share a number of commonalities and complement each other.
    This article distinguishes two approaches to study the political role of corporations. On the one hand, North American scholars have primarily understood the link between business and politics through the lens of corporate political activity (CPA) looking at how firms influence government policy. On the other hand, European scholars have recently promoted an understanding of corporate social responsibility (CSR) emphasizing that firms often assume a political role because they increasingly provide public goods and become involved in multi-actor governance processes. This article contrasts both approaches and suggests that differences in the way the political role of corporations are understood can at least, in part, be explained by the distinct nature of European/North American management scholarship as well as by the political environment in both regions. It is also suggested that both perspectives share a number of commonalities and complement each other.
    LanguageEnglish
    JournalEuropean Management Journal
    Volume33
    Issue number1
    Pages4-8
    ISSN0263-2373
    DOIs
    StatePublished - 2015

    Keywords

      Cite this

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      title = "The Corporation as a Political Actor: European and North American Perspectives",
      abstract = "This article distinguishes two approaches to study the political role of corporations. On the one hand, North American scholars have primarily understood the link between business and politics through the lens of corporate political activity (CPA) looking at how firms influence government policy. On the other hand, European scholars have recently promoted an understanding of corporate social responsibility (CSR) emphasizing that firms often assume a political role because they increasingly provide public goods and become involved in multi-actor governance processes. This article contrasts both approaches and suggests that differences in the way the political role of corporations are understood can at least, in part, be explained by the distinct nature of European/North American management scholarship as well as by the political environment in both regions. It is also suggested that both perspectives share a number of commonalities and complement each other.",
      keywords = "Corporate political activity, Political corporate social responsibility, Lobbying, Business and politics, European management",
      author = "Andreas Rasche",
      year = "2015",
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      language = "English",
      volume = "33",
      pages = "4--8",
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      The Corporation as a Political Actor : European and North American Perspectives. / Rasche, Andreas.

      In: European Management Journal, Vol. 33, No. 1, 2015, p. 4-8.

      Research output: Contribution to journalJournal articleResearchpeer-review

      TY - JOUR

      T1 - The Corporation as a Political Actor

      T2 - European Management Journal

      AU - Rasche,Andreas

      PY - 2015

      Y1 - 2015

      N2 - This article distinguishes two approaches to study the political role of corporations. On the one hand, North American scholars have primarily understood the link between business and politics through the lens of corporate political activity (CPA) looking at how firms influence government policy. On the other hand, European scholars have recently promoted an understanding of corporate social responsibility (CSR) emphasizing that firms often assume a political role because they increasingly provide public goods and become involved in multi-actor governance processes. This article contrasts both approaches and suggests that differences in the way the political role of corporations are understood can at least, in part, be explained by the distinct nature of European/North American management scholarship as well as by the political environment in both regions. It is also suggested that both perspectives share a number of commonalities and complement each other.

      AB - This article distinguishes two approaches to study the political role of corporations. On the one hand, North American scholars have primarily understood the link between business and politics through the lens of corporate political activity (CPA) looking at how firms influence government policy. On the other hand, European scholars have recently promoted an understanding of corporate social responsibility (CSR) emphasizing that firms often assume a political role because they increasingly provide public goods and become involved in multi-actor governance processes. This article contrasts both approaches and suggests that differences in the way the political role of corporations are understood can at least, in part, be explained by the distinct nature of European/North American management scholarship as well as by the political environment in both regions. It is also suggested that both perspectives share a number of commonalities and complement each other.

      KW - Corporate political activity

      KW - Political corporate social responsibility

      KW - Lobbying

      KW - Business and politics

      KW - European management

      U2 - 10.1016/j.emj.2014.08.001

      DO - 10.1016/j.emj.2014.08.001

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      VL - 33

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      JO - European Management Journal

      JF - European Management Journal

      SN - 0263-2373

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