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Academy of Management Review Vol. 30 No. 2 2005

The Attractiveness of Political Markets: Implications for Firm Strategy

Jean-Philippe Bonardi1; Amy J. Hillman2; Gerald D. Keim2

1 University of Western Ontario · 2 Arizona State University

Abstract

We conceptualize democracies as marketlike processes where demanders and suppliers of various public policies interact. Firms may enter political markets to seek new or to maintain existing policies that affect their current business operations or future opportunities. We contend that a firm's decision to become politically active is influenced, in part, by the attractiveness of the political market, and we outline conditions that make political markets more or less attractive for firms to compete in to advance their interests.

DOI
10.5465/amr.2005.16387895
Volume
30
Issue
2
Pages
397-413
Language
en
Sources
ris:amr.ris openalex crossref

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