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Political uncertainty and investment: Causal evidence from US gubernatorial elections
CE Jens - Journal of financial economics, 2017 - Elsevier
I examine the link between political uncertainty and firm investment using US gubernatorial
elections as a source of plausibly exogenous variation in uncertainty. Investment declines …
elections as a source of plausibly exogenous variation in uncertainty. Investment declines …
Professors in the boardroom and their impact on corporate governance and firm performance
We find that companies with directors from academia are associated with higher
performance. This relation is driven by professors without administrative positions. We also …
performance. This relation is driven by professors without administrative positions. We also …
Building connections: Political corruption and road construction in India
Politically-driven corruption is a pervasive challenge for development, but evidence of its
welfare effects are scarce. Using data from a major rural road construction programme in …
welfare effects are scarce. Using data from a major rural road construction programme in …
Valuing changes in political networks: Evidence from campaign contributions to close congressional elections
P Akey - The Review of Financial Studies, 2015 - academic.oup.com
This paper investigates the value of firm political connections using a regression
discontinuity design in a sample of close, off-cycle US congressional elections. I compare …
discontinuity design in a sample of close, off-cycle US congressional elections. I compare …
Policy uncertainty, political capital, and firm risk-taking
We document a new" policy sensitivity" channel of corporate political contributions. Firms
that are highly sensitive to government policy uncertainty have a stronger incentive to …
that are highly sensitive to government policy uncertainty have a stronger incentive to …
Corporate political connections and favorable environmental regulatory enforcement
We examine whether the Environmental Protection Agency (EPA) uniformly enforces the
Clean Air Act for politically connected and unconnected firms using a close election setting …
Clean Air Act for politically connected and unconnected firms using a close election setting …
Impact of political events on stock market returns: empirical evidence from Pakistan
Impact of political events on stock market returns: empirical evidence from Pakistan |
Emerald Insight Books and journals Case studies Expert Briefings Open Access Publish …
Emerald Insight Books and journals Case studies Expert Briefings Open Access Publish …
Political connections and firm pollution behaviour: an empirical study
Y Deng, Y Wu, H Xu - Environmental and Resource Economics, 2020 - Springer
This paper uses Chinese data to examine the link between political connections and
pollution discharge by firms. Our empirical results show that political connections are the …
pollution discharge by firms. Our empirical results show that political connections are the …
Do firm characteristics, political connection and corporate governance mechanism affect financial distress?(Evidence from Indonesia)
The objectives of this study are to evaluate the impact of firm characteristics (firm size,
liquidity, profitability, and leverage), political connection and corporate governance …
liquidity, profitability, and leverage), political connection and corporate governance …
The effect of regime change on entrepreneurship: A real options approach with evidence from US gubernatorial elections
DS Lucas - Journal of Business Venturing, 2024 - Elsevier
Although political turnover is said to be a healthy component of the business environment,
the literature is equivocal about the effects of regime change on early-stage entrepreneurial …
the literature is equivocal about the effects of regime change on early-stage entrepreneurial …