Political connections and directors' and officers' liability insurance – Evidence from China
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DOI: 10.1016/j.jcorpfin.2019.06.001
Abstract: Abstract Political connections provide firms with legal advantages and can shield managers and directors away from litigation risk. Using a sample of Chinese public firms, we find that politically connected firms have lower demand for… read more here.
Keywords: political connections; officers liability; directors officers; liability insurance ... See more keywords