Does corporate lobbying simply add value by allowing firms to communicate expert information to policy makers, or does … Abramoff as an exogenous negative shock to the ability of firms to lobby, we examine whether lobbying and illegal lobbying …,000 more on lobbying prior to the event year experiences an average decrease of $1.4 million in value in a 3-day event window …

political topic tend to increase lobbying on that topic, but not on other topics, in the following quarter …

associated with a given political topic tend to increase lobbying on that topic, but not on other topics, in the following …

This paper re-examines the size of penalties following securities class actions and the impact of lobbying on the time … it takes to detect managerial misconduct. Managers of lobbying firms are able to get away with misconduct for longer and … are marginally less likely to have to settle a class action up to 2004. From 2005, lobbying no longer impacts the time it …