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

Name File Type Size Last Modified
  2012_0379_data 10/21/2021 10:08:AM
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:  View help for Summary 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:  View help for Subject Terms executives; CEO; Campaign contributions
JEL Classification:  View help for JEL Classification
      D72 Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
      G34 Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance
Geographic Coverage:  View help for Geographic Coverage United States
Time Period(s):  View help for Time Period(s) 1/1/1992 – 12/31/2008
Universe:  View help for Universe Executives in the United States; CEOs of publicly-traded firms
Data Type(s):  View help for Data Type(s) administrative records data

Methodology

Data Source:  View help for Data Source Federal Elections Committee; Center for Responsive Politics
Unit(s) of Observation:  View help for Unit(s) of Observation CEO,

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Published Versions

V1 [2019-10-12]

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