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To understand the mechanisms through which political connections impact firm value and performance, we study how political connections affect connected firms and their peers. Following the announcement of anti-corruption investigations in China, we show that the industry peers of firms connected...
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data from the European Patent Office, (iv) the national registry of local politicians, and (v) detailed data on local …
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"We demonstrate that personal connections amongst politicians have a significant impact on the voting behavior of U ….S. politicians. Networks based on alumni connections between politicians, as well as common seat locations on the chamber floor, are …
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