The efficacy of buying votes: an analysis of corporate lobby

The efficacy of buying votes: an analysis of corporate lobbying – Investment Watch


Ocean Power Technologies
Below is the lobbying and contract history of Renewable electricity company, Ocean Power Tech (NASDAQ: OPTT) since 2009:
Following Q3 2012, OPTT reduced lobby spending to near $0. Subsequent quarterly contract awards plummeted to an average of just $626 thousand a quarter compared to a $2.3 million running average prior to that. Lastly OPTT’s valuation hasn’t surpassed its 2012 high with the exception of a brief run-up in 2016.
Uranium Producers
Government contracts are only one metric to gauge the return a company can experience from lobbying. Others include federal subsidies, tax breaks, grants, and deregulation. One example of this is the Uranium industry which has been one of the highest performing industry sectors with an average 138.74% increase in price change among its four largest companies since 10/13/20:

Related Keywords

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