Corporate Political Strategy Formulation: A Model of Approach, Participation, and Strategy Decisions
Two general approaches to political action (transactional and relational), 2 levels of participation (individual and collective), and 3 types of generic political strategies (information, financial incentive, and constituency building) are examined, thus presenting a comprehensive taxonomy of politi...
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Veröffentlicht in: | The Academy of Management review 1999-10, Vol.24 (4), p.825-842 |
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creator | Hillman, Amy J Hitt, Michael A |
description | Two general approaches to political action (transactional and relational), 2 levels of participation (individual and collective), and 3 types of generic political strategies (information, financial incentive, and constituency building) are examined, thus presenting a comprehensive taxonomy of political strategies. In addition, firm and institutional variables that affect the likelihood of making specific decisions within the formulation model are identified. The result is a decision-tree model of political strategy formulation that integrates and extends prior diffused work. |
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subjects | Competition Competitive advantage Corporate planning Decision making Decision trees Evaluation Legislation Management Market shares Objectives Participation Political behavior Politics Public policy Regulation Strategic management Strategic planning Studies Success Taxonomy |
title | Corporate Political Strategy Formulation: A Model of Approach, Participation, and Strategy Decisions |
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