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Spanish companies which employ former politicians have seen their business returns fall, but politicians can still give companies unfair lobbying advantages.

Castells, Pau and Trillas, Francesc (2013) Spanish companies which employ former politicians have seen their business returns fall, but politicians can still give companies unfair lobbying advantages. LSE European Politics and Policy (EUROPP) Blog (17 Sep 2013). Blog Entry.

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Abstract

Many politicians choose to pursue a role in business following the end of their political careers. Pau Castells and Francesc Trillas assess whether the presence of former politicians in large businesses should be a cause for concern. They write that while in theory politicians might give companies unfair lobbying advantages, in reality this does not always lead to increased success. Using evidence from Spain, they show that Spanish companies have actually been worse off on average in the immediate aftermath of employing former politicians. Nevertheless, the presence of politicians may still give businesses unfair advantages in certain situations, such as in the case of government bailouts.

Item Type: Online resource (Blog Entry)
Official URL: http://blogs.lse.ac.uk/europpblog/
Additional Information: © 2013 The Author(s); Online
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HF Commerce
J Political Science > JN Political institutions (Europe)
Sets: Collections > LSE European Politics and Policy (EUROPP) Blog
Date Deposited: 04 Apr 2017 13:22
Last Modified: 19 Jul 2019 23:19
URI: http://eprints.lse.ac.uk/id/eprint/72396

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