Bimodal lobbying and trade policy outcomes: Evidence from corporate political activity under uncertainty in India

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dc.contributor.authorSaha, Amritaen
dc.contributor.authorShirodkar, Vikranten
dc.contributor.authorLawton, Thomas C.en
dc.date.accessioned2023-10-13T08:54:29Z
dc.date.available2023-10-13T08:54:29Z
dc.date.issued2023-01-02en
dc.description.abstractWe lack insight into how firms reduce uncertainty by engaging with trade policy through corporate political activity (CPA), particularly in emerging economies. In this paper, we argue that CPA, as an instrument of nonmarket strategy, is more effective in achieving trade policy outcomes that reduce corporate uncertainty when firms pursue a bimodal approach, lobbying both collectively and individually. Collective actors such as trade associations gain influence through industry legitimacy and expertise, and can enable individual corporate lobbying to benefit from enhanced political capabilities in terms of information gathering, developing legitimacy, and aligning divergent interests. We also find that the bimodal approach is more effective for exporting firms, and when there is government support for an industry. Our empirical analysis is based on survey data of 146 Indian firms, in the context of a changing socio-political era. We contribute to the literature by highlighting the complementarity between collective and private political lobbying in reducing trade policy uncertainty. Overall, we contribute to research on CPA and nonmarket strategy, particularly in the context of emerging economy trade policy.en
dc.description.statusPeer revieweden
dc.description.versionAccepted Versionen
dc.format.mimetypeapplication/pdfen
dc.identifier.citationSaha, A., Shirodkar, V. and Lawton, T. C. (2023) 'Bimodal lobbying and trade policy outcomes: Evidence from corporate political activity under uncertainty in India', Journal of International Business Policy, 6, pp. 24-46. doi: 10.1057/s42214-022-00145-wen
dc.identifier.doi10.1057/s42214-022-00145-wen
dc.identifier.eissn2522-0705en
dc.identifier.endpage46en
dc.identifier.issn2522-0691en
dc.identifier.journaltitleJournal of International Business Policyen
dc.identifier.startpage24en
dc.identifier.urihttps://hdl.handle.net/10468/15117
dc.identifier.volume6en
dc.language.isoenen
dc.publisherSpringer Nature Switzerland AGen
dc.rights© 2023, Academy of International Business. Published by Springer Nature. This is a post-peer-review, pre-copyedit version of an article published in Journal of International Business Policy. The final authenticated version is available online at: https://doi.org/10.1057/s42214-022-00145-wen
dc.subjectCorporate political activityen
dc.subjectLobbyingen
dc.subjectEmerging economiesen
dc.subjectIndiaen
dc.subjectTrade policyen
dc.titleBimodal lobbying and trade policy outcomes: Evidence from corporate political activity under uncertainty in Indiaen
dc.typeArticle (peer-reviewed)en
oaire.citation.issue1en
oaire.citation.volume6en
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