Representing the Interests of Others: Resonsibilitity and Management in Politics and Business

Project leader

Funding source

Swedish Research Council - Vetenskapsrådet (VR)

Project Details

Start date: 01/01/2007
End date: 31/12/2009
Funding: 2700000 SEK


Both democratic states and firms share the characteristics that they are largely run by representatives. The separation of representatives from those they represent can create conflicts of interest and the mechanisms that regulate management and responsibilities are therefore important. The intention of this project is to investigate, primarily empirically, the consequences of central control mechanisms in both politics and business. Politicians can use their position to further personal interests rather than the interests of the general public. Checks and balances include elections and scrutiny by the mass media. For elections to work as an effective control mechanism there must be some competition between the different political alternatives and voters need to be informed about them. The first part of the project will study the impact of political competition and the mass media on politicians´ wages, the division of resources between groups in society and the representation of women in elected assemblies. There are theoretical reasons to believe that a firm´s ownership structure impacts its behavior. However, empirically there is less known about how ownership structure affects a firms´ actions. In the second part of the project we use a unique data set that connects data on Swedish firms and employees with information on ownership structure. We will study the importance of ownership structure on firm´s wages, organization, personnel decisions and investment.

External Partners

Last updated on 2017-31-03 at 12:57