The Political Power of the Business Corporation

Wilks, Stephen

doi:10.4337/9781849807326

Cited by 110 publications

(73 citation statements)

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“…15 The tobacco industry’s methods of influencing scientific research and policy have been extensively documented. 11 The few studies of the alcohol industry show that it has employed similar tactics at the national, regional, and global levels.…”

Section: Alcohol Industry Science and Policy Influencementioning

confidence: 99%

Industry Actors, Think Tanks, and Alcohol Policy in the United Kingdom

Hawkins

McCambridge²

2014

Am J Public Health

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Corporate actors seek to influence alcohol policies through various means, including attempts to shape the evidential content of policy debates. In this case study, we examined how SABMiller engaged the think tank Demos to produce reports on binge drinking, which were heavily promoted among policymakers at crucial stages in the development of the UK government’s 2012 alcohol strategy. One key report coincided with other SABMiller-funded publications, advocating measures to enhance parenting as an alternative to minimum unit pricing. In this instance, the perceived independence of an influential think tank was used to promote industry interests in tactics similar to those of transnational tobacco corporations. This approach is in keeping with other alcohol industry efforts to marginalize the peer-reviewed literature.

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Section: Alcohol Industry Science and Policy Influencementioning

confidence: 99%

Industry Actors, Think Tanks, and Alcohol Policy in the United Kingdom

Hawkins

McCambridge²

2014

Am J Public Health

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“…Clearly, the joint-stock model of capital mobilization has proven highly effective in generating profitable returns to investors. However, there is growing international concern that some corporations are too powerful and too easily evade scrutiny and sanction (Wilks, 2013). Often the term "wicked" is used to describe hypercompetitive markets, but wickedness implies morality, whereas from the systems perspective advanced in the book the global system is fundamentally amoral (Nesvetailova and Belli, 2013, pp.…”

Section: The Cutting Edgementioning

confidence: 97%

The Unlawful Society

Battersby

2014

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“…Meanwhile, PPP scheme projects, believed to deliver good value for money, have been criticised by many as the highest influence level from either political patronage or corporate political power (Heald and Georgiou, 2000;Crane and Matten, 2004;Beh, 2010;Siemiatycki, 2010;Wilks, 2013). Therefore, it is anticipated that the reconciliation from financial models have potential in helping to achieve value for money in PPP projects.…”

Section: Introductionmentioning

confidence: 93%

Stakeholders’ expectations in utilising financial models for public-private partnership projects

Kurniawan

Ogunlana

Motawa

2014

Built Environment Project and Asset Management

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Purpose – The purpose of this paper is to explore stakeholders’ expectations in utilising PPP financial models in order to ensure that each stakeholder understands the expectations of others before negotiating and reaching contract agreement by all the stakeholders. Design/methodology/approach – Five common sets of 40 expectations have been identified through a systematic research approach, and their relative significances were verified based on pilot studies in India and the UK and expert opinion solicited worldwide through a structured questionnaire survey. The survey responses were evaluated by using statistical analyses. Findings – The most important stakeholders’ expectations in utilising PPP financial models were identified at five different stages in a project. They are bankable (at the pre-proposal stage), assessment of project's ability to carry senior debt (at the contract negotiation stage), sensitivity analysis for key commercial issues (at the finance-raising stage), debt service evaluation towards cost overrun and other adverse events (at the construction stage), and assurance of secure operational cash flow (at the operation stage). Although some of the most important expectations are agreed on by all stakeholders, the disagreement of most important expectations should also be considered by the other stakeholder(s) in order to achieve effective and efficient negotiations. Originality/value – The paper draws attention to stakeholders’ expectations in utilising a financial model that is arguably overlooked in evaluating PPP projects. It does so in order to speed up the negotiation process as a means of minimising cost and time expenditures on PPP contract negotiation.

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The Political Power of the Business Corporation

Cited by 110 publications

References 0 publications

Industry Actors, Think Tanks, and Alcohol Policy in the United Kingdom

Industry Actors, Think Tanks, and Alcohol Policy in the United Kingdom

The Unlawful Society

Stakeholders’ expectations in utilising financial models for public-private partnership projects

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