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Sociology

Singapore Management University

Series

2010

Business politics

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The Political Mobilization Of Corporate Directors: Socio-Economic Correlates Of Affiliation To European Pressure Groups, Matthew Bond, Siana Glouharova, Nicholas Harrigan Jun 2010

The Political Mobilization Of Corporate Directors: Socio-Economic Correlates Of Affiliation To European Pressure Groups, Matthew Bond, Siana Glouharova, Nicholas Harrigan

Research Collection School of Social Sciences

Business has played a central role in the debate over Britain's place in the European Union. This paper examines the socio-economic characteristics of directors of Britain's largest corporations who affiliated either to Business for Sterling or Britain in Europe. It reports associations between directors' social backgrounds and their probabilities of affiliation. Elite university education, club membership, wealth and multiple directorships were all associated with higher propensities to affiliate. The associations are consistent with the idea that directors' social resources allow them to overcome collective action problems as well as supplying them with the motivations to affiliate. They also indicated that …