TY - JOUR AU - 최성진 DA - 2015/03 PY - 2015 UR - http://pubsonline.informs.org/doi/abs/10.1287/orsc.2014.0936 UR - http://hdl.handle.net/20.500.11754/23462 AB - This paper investigates how the structure of political institutions influences the effectiveness of corporate political lobbying by shaping the "veto points" and "entry points" that lobbying firms encounter and require, respectively, when attempting to influence public policies; in so doing, this study deepens our understanding of the strategic implications of institutional environments. Using large-sample and cross-country firm-level data, we find that the influence of firms' lobbying activities on public policies is weakened when there are tighter constraints generated as a result of greater political (partisan) competition and more subnational government tiers. We find that the negative association between the effectiveness of lobbying and political (partisan) competition is particularly pronounced in countries with lower electoral accountability and that the negative association between the effectiveness of lobbying and subnational government tiers is particularly pronounced in more centralized political systems. PB - INFORMS KW - corporate political activities KW - CPA KW - political systems KW - entry point KW - veto point KW - cross-country study TI - The Structure of Political Institutions and Effectiveness of Corporate Political Lobbying IS - 1 VL - 26 DO - 10.1287/orsc.2014.0936 T2 - ORGANIZATION SCIENCE ER -