Replication data for: Campaign Contributions over CEOs' Careers
Principal Investigator(s): View help for Principal Investigator(s) Adam Fremeth; Brian Kelleher Richter; Brandon Schaufele
Version: View help for Version V1
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LICENSE.txt | text/plain | 14.6 KB | 10/12/2019 12:17:PM |
Project Citation:
Fremeth, Adam, Richter, Brian Kelleher, and Schaufele, Brandon. Replication data for: Campaign Contributions over CEOs’ Careers. Nashville, TN: American Economic Association [publisher], 2013. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113857V1
Project Description
Summary:
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Individuals dominate money in politics, accounting for over 90 percent
of campaign contributions, yet studies of drivers of individuals' giving
are scarce. We analyze data on all contributions made between 1991
and 2008 by all 1,556 people who became S&P 500 CEOs during
that interval. We exploit variation in leadership status over these
individuals' careers to identify that being an S&P 500 CEO causes
a $4,029 or 137 percent jump per election cycle in personal giving.
While some fraction of CEOs' contributions can be attributed to
long-standing preferences, the striking changes in behavior cannot
be explained by these factors alone.
Scope of Project
Subject Terms:
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executives;
CEO;
Campaign contributions
JEL Classification:
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D72 Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
G34 Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance
D72 Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
G34 Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance
Geographic Coverage:
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United States
Time Period(s):
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1/1/1992 – 12/31/2008
Universe:
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Executives in the United States; CEOs of publicly-traded firms
Data Type(s):
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administrative records data
Methodology
Data Source:
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Federal Elections Committee; Center for Responsive Politics
Unit(s) of Observation:
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CEO,
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