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following the election, even after controlling forindustry-specific effects and firm-specific controls. This suggests that … following election, suggesting that contributionsgained firms preferential access to finance. …
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Investor activists have waged a campaign to increase corporate political spending disclosure and board oversight since 2004, through shareholder resolutions filed for consideration at corporate annual meetings. In 2010, average support for these resolutions reached 30 percent - an unusually high...
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the release of information? Using Brazilian elections and audits as an exogenous source of information, I show that both … competitiveness of elections and, therefore, candidates' spending. Only information disclosed prior to electoral campaigns impacts …
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incumbent can increase their chances of re-election is through increased fundraising. Political entrepreneurs see this … is a commonly held belief that politicians use this spending to improve their chances of re-election. One way that an …
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structure about donors - on donations, election outcomes, political candidates' policy choices, and welfare. Three alternative …
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structure about donors - on donations, election outcomes, political candidates' policy choices, and welfare. Three alternative …
Persistent link: https://www.econbiz.de/10012461274
We present the OLIGO model, a multi-agent simulation of oligarchy. We extend previous multi-agent-based, spatial models of democracy by adding a new class of agents, oligarchs, which represent leaders of firms in a common industry who lobby for beneficial subsidies through campaign donations. We...
Persistent link: https://www.econbiz.de/10014152353