Do politically connected firms borrow cheaply? Evidence from two post U.S. election campaigns
Sign Up to like & getrecommendations! Published in 2020 at "Applied Economics Letters"
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
Corporate Political Ties and Firm Value: Comparative Analysis in the Korean Market
Sign Up to like & getrecommendations! Published in 2019 at "Sustainability"
DOI: 10.3390/su11020327
Abstract: Although prior studies have viewed corporate political ties as unethical, this study investigates whether changes in the political environment can significantly affect the net value of firms over time in emerging and transitioning economies. Analysis… read more here.
Keywords: firm value; corporate political; connected firms; value ... See more keywords