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Corporate Philanthropy and Strategic Advocacy
Economists and political scientists have long studied – both theoretically and empirically – the role interest groups play in the formation of laws and regulations. In the U.S., as in many democracies, there are well-established channels through which interest groups can try to influence the laws and rules that may impact their communities, their businesses, or society at large. Through means such as lobbying, grassroots campaigns, testimonies, or public advocacy, interested parties inform politicians and bureaucrats of the costs and benefits of government action.
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