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Who Benefits from Tax Evasion of Politically Connected Firms?

Enikolopov, Ruben; Mityakov, Sergey - 2023

We study the impact of hiring former government officials on firms’ tax evasion using a unique administrative employee-employer matched data from Moscow, Russia. We find that firms hiring former top-level city government officials experience increased tax evasion: reported salaries of the...

Persistent link: https://www.econbiz.de/10014254744

Presidents and Patronage

Hollibaugh, Gary; Horton, Gabriel; Lewis, David E. - 2015

support the theory, suggesting that President Obama was more likely to place appointees selected for nonpolicy patronage … presents a theory explaining where presidents place different types of appointees and why, focusing on differences in ideology …, competence, and non-policy patronage benefits among potential appointees. We develop a formal model and test its implications …

Persistent link: https://www.econbiz.de/10014147847

The Effects of Political Connections and State Ownership on Corporate Litigation in China

Firth, Michael Anthony - 2012

We examine the effects of corporate lawsuits in China and find that litigation announcements depress the stock prices of both defendant and plaintiff firms. Financially distressed defendants suffer lower stock returns. We find that politically connected defendants are favored in the judicial...

Persistent link: https://www.econbiz.de/10013102459