On the Determinants and Effects of Political Influence
This paper uses a large cross-country survey of business firms to assess their influence on government policies. It is found that influence is associated with larger, government-owned firms that have a high degree of ownership concentration. In contrast, foreign ownership matters little. It is also found that the extent to which government policies and legislation are viewed as impeding firm growth decreases with political influence and, independently, with a country's level of institutional quality.
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Format: | Working Papers biblioteca |
Language: | English |
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Inter-American Development Bank
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Subjects: | Governance, Democracy, Business Development, D21 - Firm Behavior: Theory, H00 - Public Economics: General: General, O10 - Economic Development: General, politics, institutions, influence, ownership, government policies, firm growth, |
Online Access: | http://dx.doi.org/10.18235/0011285 https://publications.iadb.org/en/determinants-and-effects-political-influence |
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dig-bid-node-107592024-05-30T20:25:17ZOn the Determinants and Effects of Political Influence 2007-10-01T00:00:00+0000 http://dx.doi.org/10.18235/0011285 https://publications.iadb.org/en/determinants-and-effects-political-influence Inter-American Development Bank Governance Democracy Business Development D21 - Firm Behavior: Theory H00 - Public Economics: General: General O10 - Economic Development: General politics, institutions, influence, ownership, government policies, firm growth This paper uses a large cross-country survey of business firms to assess their influence on government policies. It is found that influence is associated with larger, government-owned firms that have a high degree of ownership concentration. In contrast, foreign ownership matters little. It is also found that the extent to which government policies and legislation are viewed as impeding firm growth decreases with political influence and, independently, with a country's level of institutional quality. Inter-American Development Bank Alberto E. Chong Mark Gradstein Working Papers application/pdf IDB Publications en |
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Governance Democracy Business Development D21 - Firm Behavior: Theory H00 - Public Economics: General: General O10 - Economic Development: General politics, institutions, influence, ownership, government policies, firm growth Governance Democracy Business Development D21 - Firm Behavior: Theory H00 - Public Economics: General: General O10 - Economic Development: General politics, institutions, influence, ownership, government policies, firm growth |
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Governance Democracy Business Development D21 - Firm Behavior: Theory H00 - Public Economics: General: General O10 - Economic Development: General politics, institutions, influence, ownership, government policies, firm growth Governance Democracy Business Development D21 - Firm Behavior: Theory H00 - Public Economics: General: General O10 - Economic Development: General politics, institutions, influence, ownership, government policies, firm growth Inter-American Development Bank On the Determinants and Effects of Political Influence |
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This paper uses a large cross-country survey of business firms to assess their influence on government policies. It is found that influence is associated with larger, government-owned firms that have a high degree of ownership concentration. In contrast, foreign ownership matters little. It is also found that the extent to which government policies and legislation are viewed as impeding firm growth decreases with political influence and, independently, with a country's level of institutional quality. |
author2 |
Alberto E. Chong |
author_facet |
Alberto E. Chong Inter-American Development Bank |
format |
Working Papers |
topic_facet |
Governance Democracy Business Development D21 - Firm Behavior: Theory H00 - Public Economics: General: General O10 - Economic Development: General politics, institutions, influence, ownership, government policies, firm growth |
author |
Inter-American Development Bank |
author_sort |
Inter-American Development Bank |
title |
On the Determinants and Effects of Political Influence |
title_short |
On the Determinants and Effects of Political Influence |
title_full |
On the Determinants and Effects of Political Influence |
title_fullStr |
On the Determinants and Effects of Political Influence |
title_full_unstemmed |
On the Determinants and Effects of Political Influence |
title_sort |
on the determinants and effects of political influence |
publisher |
Inter-American Development Bank |
url |
http://dx.doi.org/10.18235/0011285 https://publications.iadb.org/en/determinants-and-effects-political-influence |
work_keys_str_mv |
AT interamericandevelopmentbank onthedeterminantsandeffectsofpoliticalinfluence |
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1822250441275080704 |