Over the past few years, I have teamed up with fellow economists Marianne Bertrande, Matilde Bombardini and Francesco Trebbi to look into one underappreciated way that businesses may attempt to influence politicians: corporate philanthropy.
- Raymond Fisman
- The Conversation
We found that what we call “politically linked charities” get more money from corporate foundations in general.
For example, a nonprofit is more than four times more likely to receive grants from a corporate foundation if a politician sits on its…