The researcher of this paper tries to scrutinize the relationship between lobbying, businesses and political decisions. The idea of this research emerged from the author’s interest and fascination in how the government makes a profit from this…
This research will begin with the statement that lobbying is the process of trying to influence the decisions made by an administration, for example, the government especially the members of legislative assemblies of regulatory agencies. Economic lobbyists represent, educate and advocate on the behalf of their business clients’ interests. Politics and economics affect each other in complex sometimes inexplicable ways. The aim is to make the people in the administrative capacity to look favorably on the side of the business. Politics and economics are tied together with some scholars even arguing that politics is merely an extension of economics. Political economists strongly speak out on the proactive position of governments in economic policy and for their ability to regulate the business cycle. Regulation of the business cycle involves putting in place fiscal and monetary measures in order to mitigate or avoid adverse effects of economic depressions and recessions. These measures also pertain to economic policies such as taxation, economic barriers, price fixation et cetera. The aim of the economic lobbyists is to make sure that the policies the government makes favor them and provide a conducive business environment for the success of their businesses. The lobbying involves delivery of data or opinions to a government decision maker at local or national level. They do this by presenting the interest of their company or client in the context of public interests. ...
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However, there is a dearth of research regarding the extent to which the founder is able to embed strategic behaviors into family firm management and culture or the degree to which these behaviors impact the financial performance of these firms (Sorenson, 2000).
The American Red Cross a good example of an interest group in the United States that despite not being political in nature, its interests are in trying to influence the government, as well as helping the needy people. Other examples of interest groups are highlighted in the paper.
Interest groups are formed by individuals with a common role or cause, and they have different structures and sizes, with some having many members, while others have no members at all. In the same way, some are organized in formal ways with bylaws, leaders, members, and holding of meetings regularly, while others are not organized in any formal way, hence loosely knit and have a few rules, with no leaders.
From the past few decades, business firms have started to engage in activities that have since long been regarded as responsibilities of the government bodies. The business firms, especially the multinational businesses have started adopting a new role as political actors along with their role of active economic actors.
In studying these forces, many researchers emphasized the important role of advocacy groups, also known as interest groups or pressure groups. Although many political scientists link the origins of such studies on interest groups to David Truman's (1951) work on group theory, the emphasis on interest group research actually started with Arthur Bentley.
The two ethical perspectives discussed are of 1) lobbyist-client relationship and, 2) lobbyist-policy maker relationship.
Lobbying is a term in which a legislator or organized groups use many types of ways to make a positive influence on other legislators or higher up officials.
Relationship in this case would refer to the link between CSR and PA, how the concepts of CSR and public affairs associate with each other and how CSR and PA impact on each other. After nearly half a century, CSR has now become a central element of the everyday
In the current business world, the business enterprise and the government have become inseparable entities. According to Slavomir (2015), the modern enterprises are affected by the negative influence of market forces as well as movements. As such, the modern businesses have developed strategic business ways to survive in the current changing world.
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