Malone, Chris B; Anderson, Hamish; Cheng, Peng - In: Managerial Finance 41 (2015) 10, pp. 1077-1095
Purpose – The purpose of this paper is to use firm-level data to examine whether the political cycle differentially relates to small vs large firms in New Zealand; a country that operates a unicameral political system has a short three-year political term and a right-of-centre stock market...