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Public Forces and Private Politics in American Big Business

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  • Werner,Timothy

Abstract

What are the political motivations behind firms' decisions to adopt policies that self-regulate their behavior in a manner that is beyond compliance with state, federal and local law? Public Forces and Private Politics in American Big Business advances a new understanding of the firm as a political actor that expands beyond the limited conceptualizations offered by economists and organization theorists. Timothy Werner develops a general theory of private politics that is tested using three case studies: the environment, gay rights and executive compensation. Using the conclusions of these case studies and an analysis of interviews with executives at 'Fortune 500' firms, Werner finds that politics can contribute significantly to our understanding of corporate decision-making on private policies and corporate social responsibility in the United States.

Suggested Citation

  • Werner,Timothy, 2012. "Public Forces and Private Politics in American Big Business," Cambridge Books, Cambridge University Press, number 9781107022911, January.
    • Handle: RePEc:cup:cbooks:9781107022911
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    Cited by:

    1. Brayden G King & Edward J. Carberry, 2020. "Movements, Societal Crisis, and Organizational Theory," Journal of Management Studies, Wiley Blackwell, vol. 57(8), pages 1741-1745, December.
    2. Yaru Tang & Mengdi Liu & Fan Xia & Bing Zhang, 2024. "Informal regulation by nongovernmental organizations enhances corporate compliance: Evidence from a nationwide randomized controlled trial in China," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 43(1), pages 234-257, January.
    3. repec:bla:glopol:v:8:y:2017:i:s3:p:29-41 is not listed on IDEAS
    4. David A. Dana & Janice Nadler, 2019. "Regulation, Public Attitudes, and Private Governance," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 16(1), pages 69-93, March.
    5. Jette Steen Knudsen, 2018. "Government Regulation of International Corporate Social Responsibility in the US and the UK: How Domestic Institutions Shape Mandatory and Supportive Initiatives," British Journal of Industrial Relations, London School of Economics, vol. 56(1), pages 164-188, March.
    6. Timothy Werner, 2015. "Gaining Access by Doing Good: The Effect of Sociopolitical Reputation on Firm Participation in Public Policy Making," Management Science, INFORMS, vol. 61(8), pages 1989-2011, August.
    7. Luc Fransen & Brian Burgoon & Jette Steen Knudsen, 2017. "How Do Domestic Regulatory Traditions Shape CSR in Large International US and UK Firms?," Global Policy, London School of Economics and Political Science, vol. 8, pages 29-41, May.

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