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paper I focus on the role of media as "watchdog". In an agency relationship between politician and citizens, media perform … the incumbent politician is channelled through mass media only. This work investigates how citizen's voting decision and … collusion between media and politicians change if two pieces of information about the politician are available: media …
Persistent link: https://www.econbiz.de/10003931041
This paper utilizes six-year Senate terms and two-year reporting periods to analyze if Political Action Committees are using their donations to influence the actions of sitting Senators as opposed to simply trying to get those with favorable policy views re-elected. Senators that are early in...
Persistent link: https://www.econbiz.de/10012863070
Information affecting a candidate's reputation might have significant electoral consequences. Do candidates respond to the release of information? Using Brazilian elections and audits as an exogenous source of information, I show that both incumbent and challenger increase their campaign...
Persistent link: https://www.econbiz.de/10012545128
The aim of this paper is to study the effect of local corruption on political participation which is mediated by the press. Focusing on Italy, we generate a daily measure of exposition to local corruption screening articles of main Italian press agency. Applying an event-study methodology on...
Persistent link: https://www.econbiz.de/10011721582
. Using a regression discontinuity design, whereby individuals living in districts where a criminal politician barely won are … compared to individuals living in districts where a criminal politician barely lost, this paper shows that criminal politicians …
Persistent link: https://www.econbiz.de/10014214705
We quantify the private returns and social costs of political connections exploiting a unique longitudinal dataset that combines matched employer-employee data for a representative sample of Italian firms with administrative archives on the universe of individuals appointed in local governments...
Persistent link: https://www.econbiz.de/10014203712
We examine the role of political connections in US state government-awarded corporate economic incentives, and whether a role (if present) is cause for constituent concern. We find that companies are more likely to receive an incentive award in a politically connected state and this association...
Persistent link: https://www.econbiz.de/10012899967
In politically connected firms (PCs), employment-related offenses and workplace safety standards violations run more rampant than non-PCs. Perceived ability to avoid large-scale penalties, leveraging political connections, enables PCs to perpetuate such egregious employee treatment. Plausibly...
Persistent link: https://www.econbiz.de/10013403868
Extant literature suggests that audit firms establish political connections at the national level to lobby regulators and legislators. In this paper we construct a novel dataset of Big 4 auditors’ political connections at the audit office level and examine the implications of auditors’...
Persistent link: https://www.econbiz.de/10013251450
This paper investigates whether political connections affect individuals' propensity to engage in illegal activities in financial markets. We use the 2007 French presidential election as marker of change in the value of political connections, in a difference-in-differences research design. We...
Persistent link: https://www.econbiz.de/10012935450