Estimating the value of political connections in China: Evidence from sudden deaths of politically connected independent directors
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DOI: 10.1016/j.jce.2017.10.001
Abstract: Abstract This paper estimates the value of political connections by examining stock price reactions to sudden deaths of retired government officials who were acting as independent directors of private firms in China from 2003 to… read more here.
Keywords: political connections; independent directors; sudden deaths; value political ... See more keywords