A supply-side approach to corporate political activity: Performance consequences of ideologically driven CPA

Corporate political activity (CPA) is an important area of research due to the high level of CPA in which many firms engage. Prior research has focused on the demand side of the political market. In this paper, we consider how choices made by CEOs regarding their interaction with the supply side of the political market can have performance implications for the firm. In particular, we argue that where CPA focuses less on supporting extreme...