The Labor Market for Politicians: Why Ex-Legislators Gravitate to Lobbying

Business and Society

Volumn 52, Issue 3, 2013, Pages 427-450

  Parker, Glenn R ^a   Parker, Suzanne L ^a   Dabros, Matthew S ^b  

^a PURDUE UNIVERSITY   (United States)

^b WESTERN CONNECTICUT STATE UNIVERSITY   (United States)

Author keywords

human capital; legislative training; lobbying

Indexed keywords

EID: 84883283540     PISSN: 00076503     EISSN: 14678594     Source Type: Journal    
DOI: 10.1177/0007650312465579     Document Type: Article

References (47)

1. Babbie E.The practice of social research. 2010). The practice of social research (12th ed.). Belmont, CA: Wadsworth.Belmont, CA: Wadsworth; 2010:.
2. Barro R. J.The control of politicians: An economic model.Public Choice. 1973;14 (1): 19-42.
3. Becker G. S.A theory of competition among pressure groups for political influence.Quarterly Journal of Economics. 1983;98 (3): 371-400.
4. Becker G. S.Human capital. Chicago, IL: University of Chicago Press; 1993:.
5. BrasherH.LoweryD. (2006). The corporate context of lobbying activity. Business and Politics, 8, 1 -23. Retrieved from http://www.opensecrets.org/index.php.
6. Cho C. H.,Patten D. M.,Roberts R. W.Corporate political strategy: An examination of the relation between political expenditures, environmental performance, and environmental disclosure.Journal of Business Ethics. 2006;67:139-154.
7. CoatesJ. C. (2010). Corporate governance and corporate political activity: What effect will Citizens' United have on shareholder wealth? (Harvard Law and Economics Discussion Paper No. 684). Retrieved from http://ssrn.com/abstract=1680861.
8. Crain W. M.,Leavens D. R.,Tollison R. D.Final voting in legislatures.American Economic Review. 1986;76 (4): 833-841.
9. Dillman D.Mail and telephone surveys: The total design method. New York, NY: John Wiley; 1978:.
10. Eckert R.The life cycle of regulatory commissioners.Journal of Law and Economics. 1981;24 (1): 113-120.
11. Faith R. L.,Leavens D. R.,Tollison R. D.Antitrust pork barrel.Journal of Law and Economics. 1982;25 (2): 329-342.
12. Fiorina M. P.Congress: Keystone of the Washington establishment. New Haven, CT: Yale University; 1989:.
13. Grier K. B.,Munger M. C.,Roberts B. E.The determinants of industry political activity, 1978-1986.American Political Science Review. 1994;88:911-926.
14. Grossman G. M.,Shapiro C.A theory of factor mobility.Journal of Political Economy. 1982;90 (5): 1054-1069.
15. Hart D. M.Political representation in concentrated industries: Revisiting the "Olsonian Hypothesis.".Business and Politics. 2003;5 (3): 261-286.
16. Heinz J. P.,Laumann E.,Nelson R.,Salisbury R.The hollow core. Cambridge, MA: Harvard University Press; 1993:.
17. Hersch P.,Netter J. M.,Pope C.Do campaign contributions and lobbying expenditures by firms create "political" capital?.Atlanta Economic Journal. 2008;36:395-405.
18. Hibbing J.Contours of the modern congressional career.American Political Science Review. 1991;85 (2): 405-428.
19. Hillman A. J.Politicians on the board of directors: Do connections affect the bottom line?.Journal of Management. 2005;31 (3): 464-481.
20. Hillman A. J.,Hitt M. A.Corporate political strategy formulation: A model of approach, participation, and strategy decisions.Academy of Management Review. 1999;24 (4): 825-842.
21. Hillman A. J.,Keim G.,Schuler D.Corporate political activity: A review and research agenda.Journal of Management. 2004;30:837-857.
22. Keim G. D.,Zeithaml C. P.Corporate political strategy and legislative decision making: A review and contingency approach.The Academy of Management Review. 1986;11:828-843.
23. Kim J.Corporate lobbying revisited.Business and Politics. 2008;10:1-23.
24. Krueger A. O.The political economy of the rent-seeking society.American Economic Review. 1974;64 (3): 291-303.
25. Landes W. M.,Posner R. A.The independent judiciary in an interest group perspective.Journal of Law and Economics. 1975;18 (3): 875-901.
26. Lord M. D.Constituency-based lobbying as corporate political strategy: Testing an agency theory perspective.Business and Politics. 2000a;2 (3): 289-308.
27. Lord M. D.Corporate political strategy and legislative decision making: The impact of corporate legislative influence activities.Business & Society. 2000b;39:76-93.
28. Lord M. D.Constituency building as the foundation for corporate political strategy.Academy of Management Executive. 2003;17:112-124.
29. Marsh S. J.Creating barriers for foreign competitors: A study of the impact of anti-dumping actions of the performance of U.S. firms.Strategic Management Journal. 1998;19:25-37.
30. Mayhew D. R.Congress: The electoral connection. New Haven, CT: Yale University Press; 1974:.
31. McChesney F. S.Rent extraction and rent creation in the economic theory of regulation.Journal of Legal Studies. 1987;16 (1): 101-118.
32. McWilliams A.,Van Fleet D. D.,Cory K. D.Raising rivals' costs through political strategy: An extension of resource-based theory.Journal of Management Studies. 2002;39 (5): 707-724.
33. Ozer M.Top management teams and corporate political activity: Do top management teams have influence on corporate political activity?.Journal of Business Research. 2010;63:1196-1201.
34. Parker G. R.Congress and the rent-seeking society. Ann Arbor: University of Michigan Press; 1996:.
35. Parker G. R.Capitol investments: The marketability of political skills. Ann Arbor: University of Michigan Press; 2008:.
36. Peltzman S.Toward a more general theory of regulation.Journal of Law and Economics. 1976;19:211-240.
37. Ramirez C. D.,de Long J. B.Understanding America's hesitant steps towards financial capitalism: Politics, the Depression, and the separation of commercial and investment banking.Public Choice. 2001;106:93-116.
38. Rehbein K.,Schuler D. A.Testing the firm as a filter of corporate political action.Business & Society. 1999;38 (2): 144-166.
39. Sadrieh F.,Annavarjula M.Firm-specific determinants of corporate lobbying participation and intensity.Journal of Public Administration. 2005;28:179-202.
40. Schuler D. A.,Rehbein K.The filtering role of the firm in corporate political involvement.Business & Society. 1997;36:116-139.
41. Schuler D. A.,Rehbein K.,Cramer R. D.Pursuing strategic advantage through political means: A multivariate approach.Academy of Management Journal. 2002;45 (4): 659-672.
42. Shaw K. L.A formulation of the earnings function using the concept of occupational investment.Journal of Human Resources. 1984;19 (3): 319-340.
43. Stigler G. J.The theory of economic regulation.Bell Journal of Economics and Management Science. 1971;2 (1): 3-21.
44. Final report of the commission on administrative review. Washington, DC: Author; 1977:95-272.
45. Vining A. R.,Shapiro D. M.,Borges B.Building the firm's political (lobbying) strategy.Journal of Public Affairs. 2005;5:150-175.
46. Weingast B. R.,Marshall W. J.The industrial organization of Congress; or, why legislatures, like firms, are not organized as markets.Journal of Political Economy. 1988;96 (1): 132-163.
47. Wilts A.Identities and preferences in corporate political strategizing.Business & Society. 2006;45:441-463.