Effect of political connections on corporate financial constraints: new evidence from privatization in China
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DOI: 10.1080/13504851.2018.1489104
Abstract: ABSTRACT Taking advantage of the SOEs privatization events in China, our research looks to identify the causal effect of political connections on corporate financial constraints. In a difference-in-differences framework, we demonstrate that after the transfer… read more here.
Keywords: political connections; financial constraints; effect political; connections corporate ... See more keywords