Corporate Lobbying Revisited Journal Article uri icon



  • Using a panel data of S&P 500 Index firms covering 1998–2004, this paper compares the determinants of lobbying expenditures and campaign contributions and estimates the returns to lobbying as assessed by the financial market. Lobbying depends more on managerial incentives and protection needs beyond industry structures than contributions do. Lobbying also has a positive effect on the firm's equity returns relative to the market and, to a lesser degree, relative to its industry.

publication date

  • August 1, 2008

has restriction

  • green

Date in CU Experts

  • July 10, 2014 11:45 AM

Full Author List

  • Kim J-H

author count

  • 1

Other Profiles

International Standard Serial Number (ISSN)

  • 1369-5258

Electronic International Standard Serial Number (EISSN)

  • 1469-3569

Additional Document Info

start page

  • 1

end page

  • 23


  • 10


  • 2