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Author:Bond, M.
Glouharova, S.
Harrigan, N.
Title:The political mobilization of corporate directors: Socio-economic correlates of affiliation to European pressure groups
Journal:British Journal of Sociology
2010 : JUN, VOL. 61:2, p. 306-335
Index terms:wealth
board of directors
politics
Language:eng
Abstract:Business has played an important role in the debate over Britain's place in the European Union. This article analyses the socio-economic characteristics of directors of Britain's largest corporations who affiliated either to Business for Sterling or Britain in Europe. This study reports associations between directors' social background and their probabilities of affiliation. Factors such as elite university education, club membership, wealth and multiple directorships were all associated with higher propensities to affiliate. Directors' social resources allow them to overcome collective action problems as well as supplying them with the motivations to affiliate. It is also indicated that directors form a privileged group in that they have a number of very powerful actors who can take unilateral political actions.
SCIMA record nr: 271153
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