1432: Firms as Influencers of Policy Discourse: Strategic and Societal Implications (12494)

Monday, August 12, 2024

11:30 – 13:00 CT (GMT-5/UTC-5)

Location: Sheraton: Superior B

Session Number: 1432
Symposium (panel)
Orientation: Theme,Research
Shareable link: https://cdmcd.co/pMAkKq

Organizer(s)

AR

Angela Soomin Ryu

Columbia Business School, United States
JC

Jinkyong Choi

Columbia Business School

Panelist(s)

WK

William E. Kovacic

George Washington University, United States
BK

Bruce Kogut

Columbia Business School, United States
JL

Jiao Luo

U. of Minnesota, United States
LZ

Luigi Zingales

U. Of Chicago

Over the past decade, firms, alongside policymakers and politicians, have competed to influence the language and narratives of various policies. Although the various strategies firms use to engage in this process have been examined across fields, when such strategies are most beneficial for firms and what implications these strategies have for broader societal outcomes remain a topic of debate. Moreover, advances in machine learning methodologies have also ignited new opportunities for research to trace the impact of businesses' strategic communication of ideas and narratives on improving their competitive positioning. In this panel symposium, we've gathered a panel of respected scholars from diverse disciplines who study and represent diverse actors in policy discourse. Our goal is to bridge these views for a comprehensive examination of how effective these strategies are and what they mean for society, helping to shape more effective and prudent ways for companies to engage in policy discussions.