Research output: Contribution to journal › Article › peer-review
Adam William Chalmers, Francisco Santos Macedo
Original language | English |
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Journal | Journal of European Public Policy |
Early online date | 30 Sep 2020 |
DOIs | |
Accepted/In press | 9 Sep 2020 |
E-pub ahead of print | 30 Sep 2020 |
Additional links |
Does it Pay to_CHALMERS_Acc1Jan2020Epub30Sep2020_GREEN AAM
Does_it_Pay_to_CHALMERS_Acc1Jan2020Epub30Sep2020_GREEN_AAM_.pdf, 277 KB, application/pdf
Uploaded date:14 Oct 2020
Version:Accepted author manuscript
Does firm lobbying in the EU increase firm profitability? While there is a well-established literature on this issue in the US context, existing EU studies have overlooked this question. Ours is the first study to examine links between firm lobbying and firm profitability. To this end, we tailor theoretical insights from the US context to the EU. While money plays a fundamentally different role in EU lobbying compared to the US, the lobbying context and legislative processes of the EU are conducive to firm lobbying efforts translating into firm profits. Our two-stage OLS regression results, using a novel dataset for 728 firms over a four-year period, support this argument. Specifically, we find that the more money firms channel into their lobbying activities, the more tangible returns on this investment they can expect.
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