Business families directly participating in political roles have considerable influence in various countries. We explore political business families’ unique economic and social characteristics through a social embeddedness lens. We build a comprehensive dataset of Chilean business families and identify their direct political participation from 1989 to 2020. We find limited support for economic features tied to political participation, whereas social characteristics, such as nationally rooted origins, religious affiliations, and family generation, are shared features of political business families. We extend the literature by analyzing how business families with greater social embeddedness act as legitimate representatives of the big business class in the state.

中文翻译：

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不仅仅是金钱：精英商业家族的政治参与

直接参与政治的商业家族在各国都有相当大的影响力。我们通过社会嵌入的视角探索政治商业家族独特的经济和社会特征。我们建立了智利商业家族的综合数据集，并确定了他们从 1989 年到 2020 年的直接政治参与。我们发现，对与政治参与相关的经济特征的支持有限，而诸如民族血统、宗教信仰和家庭世代等社会特征则不受支持。政治商业家族的共同特征。我们通过分析具有更大社会嵌入性的商业家族如何充当该州大企业阶层的合法代表来扩展文献。