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American Economic Review, 2003
Examination of firms in 47 countries shows a widespread overlap of controlling shareholders and top officers who are connected with national parliaments or governments, particularly in countries with higher levels of corruption, with barriers to foreign investment, and with more transparent systems. Connections are diminished when regulations set more
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Examination of firms in 47 countries shows a widespread overlap of controlling shareholders and top officers who are connected with national parliaments or governments, particularly in countries with higher levels of corruption, with barriers to foreign investment, and with more transparent systems. Connections are diminished when regulations set more
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Political Connections Intensity: A New Measure for Political Connections and Firms' Outcomes
Academy of Management Proceedings, 2019We investigate the impact of Chinese private-owned enterprises’ political connections on financing capabilities and investment behaviors analyzing the connections’ level and type.
Crupi, Antonio, Mu, Xihua
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Political connections and credit ratings:Do political connections substitute corporate governance ?
2020Afin de protéger leurs droits et intérêts, plusieurs investisseurs développent des liens politiques en guise de rempart sur le marché. Pour certaines entreprises, ces liens politiques sont considérés comme un capital social de très grande valeur. Dans cette étude, nous visons à examiner si une entreprise ayant un système de gouvernance (CG) performant ...
Alaya Ben Salem, Karima, Slim, Chokri
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Economic and Political Studies, 2022
Political connections are an increasingly important part of firms’ strategies to develop relationships with the government and politicians. This study examines the impact of transactional and relational political connections on firm value. The results show that transactionally connected firms are more likely to exhibit greater firm value than their ...
Taufiq Arifin +3 more
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Political connections are an increasingly important part of firms’ strategies to develop relationships with the government and politicians. This study examines the impact of transactional and relational political connections on firm value. The results show that transactionally connected firms are more likely to exhibit greater firm value than their ...
Taufiq Arifin +3 more
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2017
This chapter examines the history of the Islanders’ League (koinon ton nesioton), a federal organization centred on Delos, from the late fourth until the middle of the third century. It discusses the evidence of structure, key officials, and membership. The main source of evidence for the history of the League is a number of key decrees that the League
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This chapter examines the history of the Islanders’ League (koinon ton nesioton), a federal organization centred on Delos, from the late fourth until the middle of the third century. It discusses the evidence of structure, key officials, and membership. The main source of evidence for the history of the League is a number of key decrees that the League
openaire +1 more source
Institutions and the performance of politically connected M&As
Journal of International Business Studies, 2013We investigate the association between a firm’s political connections and its merger and acquisition (M&A) performance. Using a sample of M&A deals made by politically connected acquirers and their matched non-connected peers across 22 countries, we find that political connections play an economically significant role in post-merger performance.
Brockman, P., Rui, O., Zou, H.
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Mapping the Politics of Connection
2020Synthesizing material from previous chapters, this chapter explores three key aspects of the “politics of connection,” drawing out their relevance for wider debates. Examining the (re)production of climate injustice and activists’ responses to it with the level and type of abstraction provided by the multi-dimensional relational perspective developed ...
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Corporate political connections
2019This thesis primarily aims to examine the impact of political connections on firms. Hence, three independent research projects have been undertaken. The first and the second research projects explore the effect of different approaches to political connections during a volatile period of emerging democracy.
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Corporate cash holdings and political connections
Review of Quantitative Finance and Accounting, 2010We examine the relation between corporate liquidity and political connections measured via lobbying expenditures. This is an interesting question as many of the motives for holding cash should be diminished by political connections. Results suggest a significant and inverse relation between cash levels and lobby expenses and that the marginal value of ...
Hill, Matthew D. +3 more
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Political Connections, Regulation, and Political Party
2017In this chapter, only one side of the revolving door (specifically, the one identifying the movement from politics to firms) is taken into account. Moreover, the focus is on the main political parties in the United States (the Republican and the Democratic Parties).
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