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Vices and Virtues of Corporate Political Activity

The Challenge of International Business

Swedish School of Economics and Business Administration

Kalle Pajunen

University of Tampere

Juha-Antti Lamberg

Helsinki University of Technology

The authors give a critical reading of the research interests of state-of-the-art corporate political activity (CPA) literature. They demonstrate that a noncritical tendency in the literature to view CPA as a strategic activity, aimed at making profit, may encourage firms to sociopathic behavior in their political activities. Using psychiatric literature, the authors explore the nature of sociopathic CPA. They draw on a recent discussion initiated by virtue theorists, exploring firm moral agency in order to suggest the opening of several new research areas, within CPA literature, more sensitive to moral questions.

Key Words: corporate political activity • CPA • political strategy • political capital • corporate social responsibility • ethics • virtue

This version was published on March 1, 2009

Business & Society, Vol. 48, No. 1, 105-132 (2009)
DOI: 10.1177/0007650307303388


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