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Business Collective Action: An Integrative Review and Framework

Sean Buchanan, Lærke Højgaard Christiansen, Lori Qingyuan Yue, Jochem Kroezen

Journal of Management Studies · 2025 · Volume 0 · Issue 0

DOI: 10.1111/joms.13232

Abstract

Business collective action (BCA) has long been a topic of interest to management scholars. However, our theoretical understanding of this important phenomenon has been hindered by its fragmented development in the literature. To address this shortcoming, we conduct a comprehensive review of BCA across a wide range of disciplines in management, including corporate political activity, private regulation, strategic management, and organizational institutionalism. Based on this review, we develop an integrative framework that identifies the triggers, outcomes, and internal political arrangements associated with BCA. In doing so, we help develop a common vocabulary that unites different market and non-market forms of BCA, thus deepening our understanding of the role of business collective action in society.

Keywords

board interlocks, business collective action, collective strategy, consortia, corporate political activity, ecosystems, institutional entrepreneurship, private regulation, professional associations, trade associations

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