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Business as political actor – evolving practice, emerging norms and shifting expectations for a pivotal determinant of public trust in both business and democracy (BIZPOL)

Project description

Re-establishing trust in policymaking

Business is playing an increasing role as a political actor, addressing major issues such as climate change and corruption. Still, there is a growing perception that corporate interests have an undue influence on policy making. As a result, a trust deficit looms, impacting democracies and market economies. The EU-funded BIZPOL project uses a mix of innovative and multi-disciplinary approaches to substantially advance scholarly thinking. Most importantly, it strives to advance corporate political activity, which needs to be safeguarded as companies increasingly engage with governments and policymakers.

Objective

Business as political actor –evolving practice, emerging norms and shifting expectations for a pivotal
determinant of public trust in both business and democracy (BIZPOL)

BIZPOL deploys a mix of innovative, multi-disciplinary approaches to substantially advance scholarly thinking, as well as the
practical policy debate on corporate political activity (CPA). CPA comprises all non-market activities by companies when
they engage with governments and policy-making more broadly to advance their interests. As such, CPA is forcefully
becoming central to some of the most vexing societal challenges of our times and evolving into an important area of
research in a variety of fields. Business is increasingly recognised as a crucial political actor to address issue such as
climate change or corruption. Yet, at the same time, there is a growing public perception in many countries that corporate
interests have disproportionate influence over policy-making. This suspicion, real or not, has dramatic consequences for
public trust in both democracy and markets.
With BIZPOL I aim to make significant contributions to the growing body of scholarship in this area through four interrelated
work streams:
• what should CPA look like? An exploration of plausible normative expectations for responsible CPA drawing on normative
theories of democracy;
• what does CPA look like? A comparative diagnostic exercise to assess the transparency and patterns of current CPA
practices in major European companies with new metrics and new data;
• how is CPA “produced”? A qualitative, in-depth exploration of where and how expectations and decisions about
responsible exercise of CPA are constructed and negotiated, inside companies, as well as in the broader stakeholder
community; and,
• where is CPA heading? A survey and desk-research supported interrogation of the future evolution of CPA and the potential of research and education to
critically and constructively accompany this trajectory.

Fields of science (EuroSciVoc)

Keywords

Programme(s)

Topic(s)

Funding Scheme

MSCA-IF - Marie Skłodowska-Curie Individual Fellowships (IF)

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Call for proposal

(opens in new window) H2020-MSCA-IF-2018

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Coordinator

COPENHAGEN BUSINESS SCHOOL
Net EU contribution
€ 328 968,00
Address
SOLBJERG PLADS 3
2000 Frederiksberg
Denmark
Region
Danmark Sjælland Vest- og Sydsjælland
Activity type
Higher or Secondary Education Establishments
Links
Total cost
€ 328 968,00