Corporate Political Strategies in Weak Institutional Environments: A Break from Conventions
| Autor: | Daniel Aghanya, Tahiru Azaaviele Liedong, Tazeeb Rajwani |
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| Rok vydání: | 2019 |
| Předmět: |
Economics and Econometrics
050208 finance 05 social sciences Context (language use) General Business Management and Accounting Politics Arts and Humanities (miscellaneous) Leverage (negotiation) Great Rift Political economy 0502 economics and business Business Business and International Management Business ethics Suspect Emerging markets Law 050203 business & management Reciprocity (cultural anthropology) |
| Zdroj: | Journal of Business Ethics. 161:855-876 |
| ISSN: | 1573-0697 0167-4544 |
| DOI: | 10.1007/s10551-019-04342-1 |
| Popis: | There is a lack of research about the political strategies used by firms in emerging countries, mainly because the literature often assumes that Western-oriented corporate political activity (CPA) has universal application. Drawing on resource-dependency logics, we explore why and how firms orchestrate CPA in the institutionally challenging context of Nigeria. Our findings show that firms deploy four context-fitting but ethically suspect political strategies: affective, financial, pseudo-attribution and kinship strategies. We leverage this understanding to contribute to CPA in emerging countries by arguing that corporate political strategies are shaped by the reciprocity and duality of dependency relationships between firms and politicians, and also by advancing that these strategies reflect institutional weaknesses and unique industry-level opportunities. Importantly, we shed light on the muttered dark side of CPA. We develop a CPA framework and discuss the research, practical and policy implications of our findings. |
| Databáze: | OpenAIRE |
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