دانلود رایگان مقاله لاتین عملکرد مالی در صنعت حمل و نقل هوایی از سایت الزویر
عنوان فارسی مقاله:
لابی گری، ارتباط سیاسی و عملکرد مالی در صنعت حمل و نقل هوایی
عنوان انگلیسی مقاله:
Lobbying, political connectedness and financial performance in the air transportation industry
سال انتشار : 2016
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بخشی از مقاله انگلیسی:
3. Hypotheses development
3.1. CPA as rent-seeking Organizational rent-seeking is a common theme in CPAperformance relationship to date (Faccio et al., 2006; Oliver and Holzinger, 2008; Hadani and Schuler, 2013). According to this argument, firms allocate resources toward activities that allow them to expropriate value from their external environment. These activities can be executed in the market or in the non-market (Baron, 1995), the latter including the public policy arena, where firms attempt to mold laws toward their advantage for private gain. At the federal level in the U.S. political marketplace, this entails activities directed toward either the legislative realm or the administrative realm (McKay, 2011). At the legislative level, firms may interject their interests into bills that have yet to be passed. This interjection can be realized in a number of ways, namely as attempts to (i) quash a bill that would be harmful to the firm's interest, (ii) change a bill to add or delete items that align with the firm's interest, (iii) support a bill that would aid in the firm's position or (iv) assist in initiating a bill that has yet to be proposed (Kaiser, 2013). As opposed to the legislative level, the administrative level includes the rulemaking process within regulatory bodies. Regulatory rules are codified laws that are derived from legislatively passed laws, but that are concerned with the implementation of the law (Yackee and Yackee, 2006). During the rulemaking process, firms may be active in attempting to mold the path of the rule as it goes from an initial draft to a final, codified regulation (Brown, 2016a). While not exactly equivalent to the legislative process, mechanisms to intervene in the rulemaking process are similar to those mentioned above with respect to Congressional bills. In order to capture rents during the public policy process, at either level, firms employ two different tacticsdpressure and information gathering
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کلمات کلیدی:
Political connectedness and firm performance: Evidence from Germany https://ideas.repec.org/p/zbw/cfrwps/0715.html by A Niessen - 2009 - Cited by 120 - Related articles Downloadable! This paper investigates politically connected firms in Germany. With the introduction of a new transparency law in 2007, information on additional ... Lobbying, political connectedness and financial performance in the air ... https://www.deepdyve.com/.../lobbying-political-connectedness-and-financial-perfor... Read "Lobbying, political connectedness and financial performance in the air transportation industry, Journal of Air Transport Management" on DeepDyve, the ... Political connectedness and firm performance - EconStor https://www.econstor.eu/bitstream/10419/57749/1/714985635.pdf by A Niessen - 2009 - Cited by 118 - Related articles Political connectedness and firm performance: Evidence from Germany. CFR Working Paper, No. 07-15. Provided in Cooperation with: Centre for Financial ... The Relationship Between Political Connections and the Financial ... https://www.mercatus.org/.../relationship-between-political-connections-and-financial-... Jul 9, 2014 - Using various measures of political connectedness (or activity), ... on firm financial performance and executive compensation matched with data ... Business Cycles, Political Connectedness, and Firm Performance in ... https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2836796 by S Wang - 2016 - Related articles Oct 26, 2016 - In this paper I examine the impact of firms' political connectedness on firm performance in private listed Chinese firms in the manufacturing sector, exploiting. ... stimulus plan in 2009 in response to the 2008 financial crisis. Political connectedness and business performance: evidence from ... https://www.cambridge.org/.../div-class-title-political-connectedness-and-business-perfor... by GB Özcan - 2015 - Cited by 11 - Related articles Oct 22, 2014 - that political connectedness varies according to the firm's channel of access to ... financial forecasts,2 access to finance,3 protection against ...
