Business and politician interaction is pervasive but has mostly been analysed with a binary approach. Yet the network dimensions of such connections are ubiquitous. We use a unique dataset for seven economies that documents politically exposed persons (PEPs) and their links to companies,...

We employ a unique dataset on Chinese firm registration to examine how hometown ties in political network affect capital allocation. We use a quasi experimental design that relies on the relocation of officials across Chinese cities. We find that hometown ties between city party secretaries...