Do politically connected firms borrow cheaply? Evidence from two post U.S. election campaigns
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DOI: 10.1080/13504851.2020.1861194
Abstract: We shed more light on the effect of corporate political connections on the cost of debt of US firms. Focusing on new public debt issuance and applying a two stages instrumental variable model, we s... read more here.
Keywords: politically connected; connected firms; evidence two; firms borrow ... See more keywords