Belmont University

Another Company with Entrepreneurial Roots Finds How to Use Corporate Power

Another company with strong entrepreneurial roots has gone corporate in how they wield their power. None other than Starbucks has found the power that a big corporation can have in getting their way in Washington. From the Wall Street Journal via the Fort Wayne Journal Gazette:

"Kris Engskov, head of Starbucks Corp.'s fledgling lobbying effort, won his first real victory last October: a tax break worth millions of dollars to the company. His boss had mixed emotions....These newcomers to Washington are caught in a bind: They have the same desires as every other company -- tax breaks and trade deals. But they find the horse-trading aspects of lobbying, including political donations and asking for favors, often conflict with their public image as idealists changing the way business is done."

Please, stop me before I lobby again!


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