TY - JOUR
AU - Jones, Douglas N.
AB - 986 Book Reviews THE STRUCTURE OF CORPORATE POLITICAL ACTION: IN­ TERFIRM RELATIONS AND THEIR CONSEQUENCES. By Mark S. Mizruchi. Cambridge and London: Harvard University Press, 1992. pp. 299. This book is especially timely. The Congress, journalists, the public at large, and some academics display a heightened concern about the phenomenon of political action committees (PACs) and their excesses and effects on the democratic system and repre­ sentative government. Professor Mizruchi has chosen to focus on the financial contributions to PACs of 57 large manufacturing com­ panies drawn from the Fortune 500. He selected the three largest firms in each of 20 industries in the Census Bureau's SIC categories (a few did not appear in both publications, hence the 57 total) and paired them into 1,596 interfirm relations. He then ex­ amines the political behavior of these firm pairs (and then in­ and finally the network system as a whole) against dustry pairs the variables of market constraints, corporate interlocks, stock ownership, geographic proximity, and social ties. Positive correla­ tions of varying strengths are found. In addition to PAC contribu­ tions, testimony before Congress by these firms and collectivities is also examined. Throughout the book, the focus is on "similar 
TI - The Structure of Corporate Political Action: Interfirm Relations and Their Consequences
JF - Journal of Economic Issues
DO - 10.1080/00213624.1993.11505479
DA - 1993-09-01
UR - https://www.deepdyve.com/lp/taylor-francis/the-structure-of-corporate-political-action-interfirm-relations-and-mlEGTguTov
SP - 986
EP - 988
VL - 27
IS - 3
DP - DeepDyve
ER -