Political connections and the cost of bank loans
By Joel F. Houston, Liangliang Jiang, Chen Lin, Yue Ma. 2014
575 citations recorded by the source corpus.
Subfields: Accounting, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/2dc6c7f37544cdb6cdf8a8d4da5f15968f98736f
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In Accounting
In Strategy and Management
Citations in the corpus
- China's 'Mercantilist' Government Subsidies, the Cost of Debt and Firm Performance (2018, unknown): “government ownership, government control and/or political connections is negatively related to the cost of debt (Borisova and Megginson, 2011; Houston et al., 2014).”
- The Cost of Political Connections (2018, unknown): “Houston et al. (2014) find similar results for bank loans when firms have board members with political ties.”
- Corporate Political Connections and Tax Aggressiveness (2013, unknown): “Houston et al. (2013) find that political connections are associated with lower bank loan costs in the U.”
- Political connections and corporate investments: Evidence from the recent anti-corruption campaign in China (2017, background): “external finance at a lower cost (Leuz and Oberholzer-Gee, 2006; Cleassens et al., 2008; Li et al., 2008; Houston et al., 2014; Piotroski and Zhang, 2014); while it has also been”