Research Firm Correlates Spending on Lobbying with Stock Market Performance
July 23rd, 2012Via: Breakout:
While this financial connection, in and of itself, is hardly a great revelation, new analysis from Strategas Research Partners shows irrefutable evidence that companies are getting a real bang for their buck on the money they spend trying to influence lawmakers. By tracking the 50 companies that spend the most money — as a percentage of their total assets — on lobbying, the so-called Lobbying Index proves it’s a darn good investment.
How good? The Lobbying Index has now beaten the S&P 500 for 12 years in a row.
