Doctoral Dissertation Research: Transnational Interlocks and Global Business

博士论文研究：跨国联锁和全球商业-1131204Michael Schwartz(Pi)Josh Murray(共同PI)纽约州立大学石碑布鲁克摘要经济全球化引发了人们的疑问：新兴的跨国商业阶层是否一致行动，或者这个全球商业阶层是否内部分裂。在这方面，连接跨国公司的连锁董事发挥着重要作用。然而，令人惊讶的是，我们对越来越多的这种跨国联锁对国家一级的经济和政治战略的影响知之甚少。这项研究测试了跨国连锁与全球商界成员采取的旨在影响各国政府的行动之间的关系，例如，通过成立政治行动委员会、进行政治捐款或将前政府官员安排在公司的董事会中。这项分析结合了2000-2010年财富500强公司中有关此类商业战略的数据和企业连锁董事的信息。首先，面板回归被用来检验这样一个假设，即拥有强大的跨国连锁董事的公司比没有这种连锁董事的公司更有可能从事以全球和集体为导向的政治行为。随后的分析通过使用纵向随机效应回归模型来检验相关假设，即通过跨国连锁的企业比没有连锁的企业更有可能表现出类似的政治行为，从而将连锁作为团结的来源。更广泛的影响考虑到当前公众对改变对企业支出和政治行动的监管的有意和无意的长期后果的讨论，这个项目是及时的。这一点也反映在美国最高法院最近的一项裁决中，该裁决取消了对企业资助政治广播的限制(公民联合诉联邦选举委员会[2010年《美国最高法院判例汇编》第558卷，第50页])。此外，政治分析人士和公众对外国实体在美国选举中的影响提出了质疑。这项研究旨在帮助我们理解全球化背景下的商业力量对各国政府战略产生影响的条件。

Doctoral Dissertation Research: Transnational Interlocks and Global BusinessSES - 1131204Michael Schwartz (PI)Josh Murray (co-PI)SUNY Stony BrookAbstractEconomic globalization raises questions about whether the emerging transnational business class acts in unison or whether this global business class is internally factionalized. In this context, interlocking directorates that connect transnational corporations play an important role. However, we know surprisingly little about the impact the growing number of such transnational interlocks has on national-level economic and political strategies. This study tests the relationship between transnational interlocks and actions taken by members of the global business community that aim to influence national governments, for instance by forming political action committees, making political donations, or placing former government officials on a firm's board of directors.This analysis combines data on such business strategies with information about corporate interlocking directorates in Fortune 500 companies for the years 2000-2010. First, panel regressions are used to test the hypothesis that firms with strong transnational interlocking directorates will be more likely to engage in globally and collectively oriented political behavior than firms that are not characterized by such interlocking directorates. Subsequent analyses focus on interlocks as a source of unity by using longitudinal random-effects regression models to test the related hypothesis that firms linked to each other through transnational interlocks will be more likely to exhibit similar political behavior than non-interlocked firms. Broader ImpactsThis project is timely, given the current public discourse about the intended and unintended long-term consequences of changing regulations regarding corporate spending and political action. This has also found its reflection in a recent U.S. Supreme Court decision that lifts limits on corporate funding of political broadcasts (Citizens United vs. Federal Elections Commission, 558 U.S. 50, 2010). In addition, political analysts and the public have raised questions regarding the influence of foreign entities in U.S. elections. This study seeks to contribute to our understanding of the conditions under which the power of business in a globalized context has ramifications for the strategies of national governments.