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Journal Article
When ideologies align: Progressive corporate activism and within-firm ideological alignment
Strategic Management Journal
Author(s)
This article examines the association between ideology and firm participation in sociopolitical activism. In particular, it focuses on the ideological alignment between a firm's upper echelons and its general employees. We theorize that participation in progressive corporate activism reflects the ideological views of both the top management team and general employees. By examining firm participation in letter campaigns supporting progressive causes, our findings indicate that ideological alignment between a top management teams and general employees' liberal political leanings is associated with a firm's participation in progressive corporate activism. The CEO's own ideological preferences do not have an independent association with this kind of activism. This article concludes with a discussion of implications for our understanding of corporate political action and nonmarket strategy.
Date Published:
2024
Citations:
McKean, Anna, Brayden King. 2024. When ideologies align: Progressive corporate activism and within-firm ideological alignment. Strategic Management Journal. (12)2459-518.