Government & Business Relations

Government Relations

Chris M. Garcia

Liberty University

BUSI 550

A. Nikoi

Abstract

The focus of this paper was to research the background of government regulation and its relation to American business and ultimately how corporate communications are affected by it. Through research of academic, peer reviewed journal articles covering a wide variety of topics on government regulations and business interaction, this paper will provide insight into way we arrived at our present day way of life. The articles provided details into the history, challenges, and benefits of working with the federal, state and local governments when pursuing industry objectives. This paper examines the many changes government has made throughout the years in the effort to protect the public and provide guidance for business to follow.

Keywords: Government and Corporate Relations, regulations

Government Relations

The United States Federal Government has had numerous ways in which it has enforced regulations on business for more than 100 years. Argenti (2009) tells us that the relationship between the government and business is adversarial as business attempts to minimize the amount of involvement of government in their affairs and the federal government attempts to manage the needs of all citizens (p.229). Traditionally, government regulation was the effort to prevent monopolies in certain industries in order to protect the consumers. Government regulation have evolved over the years to encompass the protection of employee’s rights, environment, and to hold business accountable for the amount of influence they have on the marketplace. Over the past several decades, federal government has reached into many industries and increased its influence primarily through regulations. These regulations are enforced by various agencies designated by the government. The agencies are put into place to enforce laws for businesses to operate. There are some regulations that will...