Skip to main content Accessibility help
×
Home
Hostname: page-component-5c569c448b-hlvcg Total loading time: 0.252 Render date: 2022-07-03T17:02:21.016Z Has data issue: true Feature Flags: { "shouldUseShareProductTool": true, "shouldUseHypothesis": true, "isUnsiloEnabled": true, "useRatesEcommerce": false, "useNewApi": true } hasContentIssue true

Article contents

If Money Talks, What Does It Say? Varieties of Capitalism and Business Financing of Parties

Published online by Cambridge University Press:  20 December 2011

Iain McMenamin
Affiliation:
Email: iain.mcmenamin@dcu.ie.

Abstract

Do business contributions to political parties convey different messages in different countries, and, if so, why? This article presents a pioneering cross-national study of firm behavior in political finance. It argues that motivations for contributions to parties are either ideological or pragmatic. The author infers motivation by quantitatively relating the payments of 960 firms to various political parties in Australia, Canada, and Germany over periods of between seven and seventeen years. In coordinated market economy Germany, a small number of firms made ideological payments; in liberal market economy Australia and Canada, large numbers of firms made pragmatic payments. Australia's left-right party system creates an awareness of policy risk, which motivated ideological payments, but in Canada's unusually nonideological party system no ideological bias in business financing of politics was found. The statistical analysis is supplemented by a qualitative investigation of discrete and reciprocal exchanges between businesses and political parties.

Type
Research Article
Copyright
Copyright © Trustees of Princeton University 2012

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)
31
Cited by

Save article to Kindle

To save this article to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

If Money Talks, What Does It Say? Varieties of Capitalism and Business Financing of Parties
Available formats
×

Save article to Dropbox

To save this article to your Dropbox account, please select one or more formats and confirm that you agree to abide by our usage policies. If this is the first time you used this feature, you will be asked to authorise Cambridge Core to connect with your Dropbox account. Find out more about saving content to Dropbox.

If Money Talks, What Does It Say? Varieties of Capitalism and Business Financing of Parties
Available formats
×

Save article to Google Drive

To save this article to your Google Drive account, please select one or more formats and confirm that you agree to abide by our usage policies. If this is the first time you used this feature, you will be asked to authorise Cambridge Core to connect with your Google Drive account. Find out more about saving content to Google Drive.

If Money Talks, What Does It Say? Varieties of Capitalism and Business Financing of Parties
Available formats
×
×

Reply to: Submit a response

Please enter your response.

Your details

Please enter a valid email address.

Conflicting interests

Do you have any conflicting interests? *