Congressional certification: How firms use former Congress members to lobby on their behalf

This paper models the effect of firm-level profitability (earnings before interest and taxes and return on sales) against certification by former members of the U.S. Congress. Although some scholars have studied certification, none have studied certification in the public policy market as is done in the current work. Likewise, although scholars have studied the effects of lobbying and political connections on firms' outcomes, none have studied lobbying through former Congress members specifically. The findings confirm that, after controlling for numerous factors, firms can use former Congress members to effectively lobby and certify their intentions. Both firm-level earnings before interest and taxes and return on sales were significantly associated with prior lobbying efforts by these former elected federal officials in several different estimation techniques employed in the study.     

THE ANTI-CORRUPTION STRUGGLE IN XI JINPING’S CHINA: AN ALTERNATIVE POLITICAL NARRATIVE

The fact that the extensive anti-corruption struggle that has consumed China since 2013 is highly political is widely accepted and understood. But the question is precisely what political strategy it is directed at – that of bolstering the position of the current supreme leader, Xi Jinping. Or for the preservation of the Party itself. There is a huge difference between these. The first simply means in effect the replacement of one corruptible elite by another. The second means a titanic struggle to change the Chinese communist party culture of power, and to make it enduring and sustainable.     

The Tradition Industry: Hofstadter and Santayana on Politics,Culture and Capitalism

Richard Hofstadter’s provocative interpretation of what he called The American Political Tradition has long interested students and scholars. Often read as a response to the crisis times of the depression 1930s and interventionist 1940s, the book’s origins are actually rooted in deeper cultural changes in the United States. This paper argues that George Santayana’s earlier essay, “The Genteel Tradition in American Philosophy” (1911), anticipated several key aspects of Hofstadter’s argument and proved to more accurately foresee the ideological course of twentieth century American politics.     

Ideology in the Era of Xi Jinping

Journal of Chinese Political Science - After 1978, Maoism as a living mass ideological and social force in the People’s Republic of China largely died away. The Party state’s legitimacy...     

HEADING FOR STABLE GROWTH

<正>Improved economic structure and greater benefits for the people usher ina new direction for China’s economy China’s GDP growth leveled off at 7 percent in the first half of this year,with an array of optimistic signs,such as better structure,improved growth quality,faster-thanexpected job creation and accelerated growth of residents’income,boding well for the ongoing reform.To stabilize economic growth,the Chinese Government unveiled a number of policies and measures,ranging from launching key infrastructure projects to remolding the investment and financing system,from     

Greek Grandeur

GREECE looms large in the world’s imagination. A thousand dreamers have a thousand different visions of this nation of picturesque islands, grand mythology and, recently, economic tumult. I believe the Chinese people’s interest in Greece stems from a deep respect and appreciation for the nation’s ancient culture.     

At Home Abroad

<正>An overseas Chinese entrepreneur helps build a bridge between China and small island countries Decades of living abroad have not meant SeychelloisChinese entrepreneur James Quincy Liao has forgotten his motherland.The businessman recently returned to China to attend the First Overseas Chinese Industrial and Commercial Congress in Beijing from July 6-7.     

The implementation of case formulation by probation officers: service user and carer views

Background: The recent UK Government strategy on high-risk offenders with personality disorders (PD) proposes improved identification of this group, assessment of their treatment needs through case formulation (CF) and the subsequent provision of treatment pathways. Little is known about service user and carer views on this strategy. Aims/Hypotheses: This study sought to identify the views of personality-disordered (PD) offenders and carers on the proposed role of Probation staff in CF. Methods: Three focus groups were carried out, two with service users and one with carers, with a total of 10 participants overall. Results: Five themes emerged: ‘power’, ‘conflicting roles’, ‘trust’, ‘building a relationship through consistency of care’ and ‘hope and possibility’. Conclusions/Practical implications: Offenders and carers were sceptical regarding the proposed role of Offender Manager (OMs) in CF and this could pose a potential barrier to the successful implementation of the strategy.