Corporate Political Responsibility

Thomas P. Lyon holds the Dow Chair of Sustainable Science, Technology and Commerce at the University of Michigan, with appointments in the Ross School of Business and the School for Environment and Sustainability. He is a leader in the field of corporate sustainability, having coined the phrase 'corporate political responsibility' (CPR) in an award-winning article. Under his leadership, the University of Michigan's Erb Institute is bringing CPR into the world of business practice.

• Section I. Foundations of CPR: Metrics for Disclosure and Good Governance: 1. The meaning of CPR Thomas P. Lyon; 2. Targeting private sector influence in politics: corporate accountability as a risk and governance problem Bruce F. Freed, William S. Laufer and Karl J. Sandstrom; 3. Measuring corporate political responsibility Thomas P. Lyon and William Mandelkorn; Section II. Transparency: Causes and Consequences: 4. What drives firms to disclose their political activity? Edward T. Walker; 5. Promise and peril: lessons from shareholder reactions to corporate political activity disclosure Timothy Werner; Section III. Accountability: Linking CSR, Employee Relations, and CPR: 6. Responsible lobbyists? CSR commitments and the quality of corporate parliamentary testimony in the UK Alvise Favotto, Kelly Kollman and Fraser McMillan; 7. License to give: the relationship between organizational reputation and stakeholders' support for corporate political activity Samantha Darnell and Mary-Hunter McDonnell; 8. Multinational companies as responsible political actors in global business: challenges and implications for human resource management Andreas Georg Scherer and Christian Voegtlin; Section IV. Responsibility: CPR and Climate: 9. Measuring climate policy alignment: a study of the S&P 100 Yamika Ketu and Steven Rothstein; 10. From Kyoto to Paris: business and climate change David Vogel; 11. Disclosure of political responsibility: the case of climate change Magali A. Delmas and Henry L. Friedman; Section V. Implementing CPR: Opportunities and Challenges: 12. Practitioner views of CPR: towards a new social contract Elizabeth A. Doty.

'Corporations not only need to follow the 'rules of the game', they need to act responsibly and transparently in their efforts to shape the rules of the game through corporate political actions. This book points the way toward enlisting business leaders themselves in the cause of corporate political responsibility.' Ed Dolan, Senior Fellow, Niskanen Center