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. Using hazard analysis, we show that bank failure is about 45% less likely in the year leading up to an election. Political … control (i.e. lack of competition) can explain all of this average election year fall in the hazard rate. In particular, we … simultaneous control of the upper- and lower-house of the state legislature (i.e. complete control) heading into an election …
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Purpose – Actions of incumbent politicians and firms' managers during election years have been cited as sources of many … been used on annual data from 2012 to 2016.Findings – This study reveals that banks make higher returns in election years …. Additionally, the authors report that government's economic policies in election years are detrimental to management efficiency …
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changes of European banks are driven by the electoral uncertainty inherent to the democratic election process. We find that …
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