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The Structure of Corporate Political Action - Interfirm Relations and Their Consequences (Hardcover, New)
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The Structure of Corporate Political Action - Interfirm Relations and Their Consequences (Hardcover, New)
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Total price: R2,106
Discovery Miles: 21 060
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Are large American corporations politically unified or divided?
This question, which has important implications for the viability
of American democracy, has frustrated social scientists and
political commentators for decades. Despite years of increasingly
sophisticated research, resolution of the issue remains as elusive
as ever. In this important new book, Mark S. Mizruchi presents and
tests an original model of corporate political behavior. He argues
that because the business community is characterized by both unity
and conflict, the key issue is not whether business is unified but
the conditions under which unity or conflict occurs. Adopting a
structural model of social action, Mizruchi examines the effects of
factors such as geographic proximity, common industry membership,
stock ownership, interlocking directorates, and interfirm market
relations on the extent to which firms behave similarly. The model
is tested with data on the campaign contributions of corporate
political action committees and corporate testimony before
Congress. Mizruchi finds that both organizational and social
network factors contribute to similar behavior and that similar
behavior increases a group's likelihood of political success. This
study demonstrates that rather than making their political
decisions in a vacuum, firms are influenced by the social
structures within which they are embedded. The results establish
for the first time that the nature of relations between firms has
real political consequences. The Structure of Corporate Political
Action will be of interest not only to social scientists but to
anyone concerned with the future of American democracy.
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