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If money talks, what does it say? Varieties of capitalism and business financing of parties

McMenamin, Iain (2012) If money talks, what does it say? Varieties of capitalism and business financing of parties. World Politics, 64 (1). pp. 1-38. ISSN 0043-8871

Abstract
Do business contributions to political parties convey different messages in different countries, and, if so, why? This is the first cross-national study of firm behaviour in political finance. It understands motivations for contributions to parties as either ideological or pragmatic. Motivation is inferred by quantitatively relating the payments of 960 firms to variations in political competition in three countries over periods of between seven and seventeen years. In co-ordinated Germany, a small number of firms make ideological payments. In liberal Canada and Australia, large numbers of firms made pragmatic payments. Australia’s left-right party system created an awareness of policy risk, which motivated ideological payments, but there was no ideological bias in business financing of politics in Canada’s unusually non-ideological party system. The statistical analysis is supplemented by a qualitative investigation of discrete and reciprocal exchanges between businesses and political parties.
Metadata
Item Type:Article (Published)
Refereed:Yes
Uncontrolled Keywords:political economy; business-government relations; Australia; Canada; Germany; varieties of capitalism; political finance; lobbying
Subjects:Business > Business ethics
Social Sciences > International relations
Social Sciences > Public administration
Business > Economics
Social Sciences > Political science
DCU Faculties and Centres:Research Initiatives and Centres > Centre for International Studies (CIS)
DCU Faculties and Schools > Faculty of Humanities and Social Science > School of Law and Government
Publisher:Cambridge University Press
Official URL:http://journals.cambridge.org/action/displayJourna...
Copyright Information:© 2012 CUP
Use License:This item is licensed under a Creative Commons Attribution-NonCommercial-Share Alike 3.0 License. View License
Funders:Irish Research Council
ID Code:18170
Deposited On:08 May 2013 10:23 by Iain Mcmenamin . Last Modified 19 Jul 2018 14:59
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