Political Strategies of Small Firms
(English)Manuscript (preprint) (Other academic)
This paper investigates how small firms develop political strategies in response to coercive political initiatives emanating from political organizations. Extant literature has mainly focused on large firms and has assumed that small firms are passive adopters of coercive political initiatives. This paper is based on business network theory, where business-government relationships have been studied in relation to small firms and influenced by corporate political strategy. A framework of firm’s prerequisites built around three concepts: political commitments, political knowledge, and business-political legitimacy have been developed. This analytical framework is used to explain how small firms take strategic political actions to change coercive initiatives into support for their businesses, which is illustrated empirically with a case study. Instead of passive adaptive behavior, the paper shows how small firms can influence coercive political initiatives and what kinds of decisions are made to actualize the proposed political strategy.
Small firms, political strategy, network, political knowledge, political commitments and business-political legitimacy
Research subject Business Studies
IdentifiersURN: urn:nbn:se:uu:diva-151941OAI: oai:DiVA.org:uu-151941DiVA: diva2:411819