HOUSTON, JOEL F.; JIANG, LIANGLIANG; LIN, CHEN; MA, YUE - In: Journal of Accounting Research 52 (2014) 1, pp. 193-243
type="main" <title type="main">ABSTRACT</title> <p>This paper analyzes whether the political connections of listed firms in the United States affect the cost and terms of loan contracts. Using a hand-collected data set of the political connections of S&P 500 companies over the 2003–2008 time period, we find that the cost...</p>
