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- Publications
- Influence
The Sound, the Fury, and the Nonevent: Business Power and Market Reactions to the Citizens United Decision
- T. Werner
- Economics
- 1 January 2011
In the wake of the U.S. Supreme Court decision in Citizens United v. Federal Election Commission , supporters of campaign finance reform argued that American politics would soon be awash in corporate… Expand
Do Public Funding Programs Enhance Electoral Competition
- Kenneth R. Mayer, T. Werner, A. Williams
- Political Science
- 2006
consequences of taxpayer-financed elections. First, public funding can help potential candidates overcome the barriers that might deter them from running. In a vicious cycle, potential candidates who… Expand
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- PDF
Gaining Access by Doing Good: The Effect of Sociopolitical Reputation on Firm Participation in Public Policy Making
- T. Werner
- Economics, Computer Science
- Manag. Sci.
- 1 August 2015
TLDR
Public election funding, competition, and candidate gender
- T. Werner, Kenneth R. Mayer
- Political Science
- 1 October 2007
I n 2000, Arizona and Maine implemented full public funding for state legislative elections, and Connecticut will do so in 2008. Candidates who opt to accept public funding receive grants that pay… Expand
Corporate Lobbying and CEO Pay
- H. A. Skaife, David Veenman, T. Werner
- Business
- 15 October 2013
This study examines the agency costs of corporate lobbying by exploring the relation between lobbying and excess CEO compensation. We show that CEOs of firms engaged in lobbying earn significantly… Expand
Investor Reaction to Covert Corporate Political Activity
- T. Werner
- Economics
- 1 December 2017
Research summary: Citizens United v. Federal Election Commission and subsequent developments created a covert channel for firms to allocate resources from corporate treasuries to political activity.… Expand
Citizens United, Independent Expenditures, and Agency Costs: Reexamining the Political Economy of State Antitakeover Statutes
- T. Werner, J. Coleman
- Economics
- 1 March 2015
We test the agency theory of corporate political activity by examining the association between the legality of independent expenditures and antitakeover lawmaking in the US states. Exploiting changes… Expand
Do Private Policies Create a New Politics ? Corporate Social Responsibility , Information , & Access ∗
- T. Werner
- 2011
Through an analysis of corporate testimony before Congressional committees, this paper finds that members of Congress supply greater access to firms that engage in private policymaking at higher… Expand
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Changes in Firms’ Political Investment Opportunities, Managerial Accountability, and Reputational Risk
- H. A. Skaife, T. Werner
- Business
- 1 May 2020
We use the U.S. Supreme Court’s decision in Citizens United v. Federal Election Commission to assess the reputational risks created by political investment opportunities that allow managers to spend… Expand