Do, Quoc-Anh; Lee, Yen-Teik; Nguyen, Bang Dang; Nguyen, … - Department of Economics, Sciences économiques - 2013
Using networks of university classmates among corporate directors and U.S. congressmen and the regression discontinuity design of close elections from 2000 to 2008, we identify a significant but widely varying impact of political connections on firm value. Surrounding the election day,...