This article offers a review of the recent empirical literature on lobbying within political
economy. In surveying extant research, we emphasize quid pro quo and informational …

We examine the effect of policy uncertainty on firms' strategy of corporate social
responsibility (CSR). During uncertain times, firms strategically increase their commitment to …

We examine whether broad-based public engagement by institutional investors influences
the behavior of portfolio firms. We investigate this question in the context of BlackRock's …

Brandeis (1914) hypothesized that firms with market power will also attempt to gain political
power. To explore this hypothesis empirically, we combine data on mergers with data on …

We study the causal effect of firms' lobbying activities on the misallocation of resources
through the distortion of firm size. To address the endogeneity between firms' lobbying …

Previous literature offers conflicting findings on how the restrictiveness of the regulatory
environment—the amount of rules that prohibit specific activities—affects innovation of firms …

How are politicians informed and who do politicians seek information from? The role of
information has been at the center for research on legislative organizations but there is a …

How important is the workplace for employees' political donations? Contrary to research on
workplace political mobilization, existing work assumes that most individual donors …

Using detailed information from lobbying reports filed under the Lobbying Disclosure Act, we
construct a unique dataset that allows us to identify which firms lobby on free trade …

Building on administrative data and machine-learning models, I develop a firm-specific
measure of regulatory intensity: cost of compliance with all federal paperwork regulations …