Elite Social Relations and Corporate Political Donations in Britain

Elite theory critiques of corporate political action rest on the claim that it advances the political interests of elite status groups. This article examines that claim by investigating the relationship between a British corporation's propensity to make donations to the Conservative party and its directors' educational backgrounds and social club affiliations. Using a structural equivalence blockmodel, it is shown that among the largest 250 British corporations in 1995 there was a set with directors who came from elite educational backgrounds and were members of elite social clubs. These corporations made a disproportionate number of donations. I argue that these results support the elite theory critique.