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Active approach to government regulation in a company

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Do you ever think it might be in a company's interests to take an active approach to government regulation? What kind of benefits could they received by being the ones who initiate regulation?

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Solution Summary

Lobbying is the intention of influencing decisions made by legislators and officials in the government by individuals, other legislators, constituents, or advocacy groups. A lobbyist is a person who tries to influence legislation on behalf of a special interest or a member of a lobby. Governments often define and regulate organized group lobbying that has become influential.

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Yes, through lobbying, an organization or business can greatly benefit by influencing government regulations.

Lobbying is the intention of influencing decisions made by legislators and officials in the government by individuals, other legislators, constituents, or advocacy groups. A lobbyist is a person who tries to influence legislation on behalf of a special interest or a member of a lobby. Governments often define and ...

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