Showing 1 - 10 of 130,395
's jurisdiction increases significantly pre-election, spiking 23%, with zero equivalent move for equivalently global (but domestic …
Persistent link: https://www.econbiz.de/10012794651
positive impact of the social networks of corporate directors and politicians on firm value. Firms connected to elected …, and in closer, smaller, and active networks. Post-election, firms connected to the winner receive significantly more state …
Persistent link: https://www.econbiz.de/10013037076
affiliates and amplified when affiliates are active in government-dependent industries, members of groups with limited corruption … experience, and owned by productive parents. Overall, anti-bribery enforcement actions, which also reduce local corruption levels …, result in reallocation of economic activity and level a playing field disrupted by corruption …
Persistent link: https://www.econbiz.de/10013240174
There has been a phenomenal global increase in the proportion of women in politics in the last two decades, but there is no evidence of how this influences economic performance. We investigate this using data on competitive elections to India's state assemblies, leveraging close elections to...
Persistent link: https://www.econbiz.de/10011872787
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
their office after they had been indicted for charges of corruption. We take advantage of this unique setting to estimate … the effect of anti-corruption judicial activity on electoral sanctioning of low-integrity incumbents. Relying on actual … to test this effect. The results indicate that the electoral effect of judicial anti-corruption activity on the vote …
Persistent link: https://www.econbiz.de/10012985979
The Dodd-Frank Act allows the SEC to choose either an internal administrative proceeding or a federal district court as an enforcement venue for resolving violations of federal securities laws. I first document that the SEC increased the use of administrative proceedings after Dodd-Frank. I next...
Persistent link: https://www.econbiz.de/10012826599
over the period 2003-2014 using rich micro-data on corruption and firms. After anti-corruption audits, municipalities … administrative firm level datasets and face-to-face firm surveys, we argue that corruption mostly acts as a tax on the local economy … across firms plays a seemingly secondary role, indicating that at the local level most rents are captured by politicians and …
Persistent link: https://www.econbiz.de/10012854549
We investigate how local political corruption shapes corporate financial reporting conservatism. Using a large sample … of U.S. public firms, we find that firms located in areas with higher levels of political corruption tend to adopt …. Further analysis reveals that the positive effect of corruption on conservatism is stronger for firms with less bargaining …
Persistent link: https://www.econbiz.de/10014110085
positive impact of the social networks of corporate directors and politicians on firm value. Firms connected to elected …, and in closer, smaller, and active networks. Post-election, firms connected to the winner receive significantly more state …
Persistent link: https://www.econbiz.de/10011249372