Sudden Deaths: Taking Stock of Geographic Ties

By Mara Faccio, David Parsley. Journal of Financial and Quantitative Analysis, 2007

429 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/3d7d745db14936a7584340c9a0221a1c7f76a6e3

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Citations in the corpus

Corporate lobbying, political connections, and the bailout of banks (2013, neutral): “…in return (Richter, Samphantharak, and Timmons, 2009; Hochberg, Sapienza, and Vissing-Jorgensen, 2009; Igan, Mishra, and Tressel, 2009; Stratmann, 1991; Cooper et al., 2010; Hill, Kelly, and Van Ness, 2010; Jayachandran, 2006; Faccio & Parsley, 2009; Fisman, 2001; Roberts, 1990; Yu and Yu, 2010).”
Political connections and the cost of equity capital (2012, positive): “Turning our interest to the control variables, we find that they exhibit signs that are consistent with prior studies on the implied cost of capital: First, consistent with Fama and French (1992), Gebhardt et al.”
Political Geography and Stock Returns: The Value and Risk Implications of Proximity to Political Power (2012, positive): “Faccio and Parsley (2009), in their event study of politician’s sudden deaths, examine political connectedness as defined based on geographic ties between the deceased politician and firms.”
Political connections, SEC enforcement and accounting quality (2009, positive): “,1999), news of sudden death, deterioration in the health of politicians, or other events affecting their ability to perform political favors (Faccio and Parsley, 2009; Fisman, 2001; Fisman et al., 2006).”
Do Politically Connected Boards Affect Firm Value (2009, positive): “Motivated by the findings in Faccio and Parsley (2007), who show the impact of the geographic proximity of company headquarters to a politician’s hometown, this article constructs an additional dummy variable that takes a value of 1 if the Republicans win the majority of the presidential votes in th”
The Politics of Government Investment (2012, positive): “In previous studies, Roberts (1990), Fisman (2001), Faccio (2006), Faccio and Parsley (2009), Goldman, Rocholl, and So (2009), and Cooper, Gulen, and Ovtchinnikov (2010) find that corporate political ties have a positive effect on firm value.”
Government Connections and Financial Constraints: Evidence from a Large Representative Sample of Chinese Firms (2013, neutral): “…and Mitton (2003), Leuz and Oberholzer-Gee (2006), Faccio 2006, Li et al. (2008), Claessens et al. (2008), Boubakri et al. (2008), Fan et a. (2008), Faccio et al. 2009, Goldman et al. (2009), Cooper et al. (2010), Berkman et al. (2010), Calomiris et al. (2010), Francis et al. (2009), Du and Girma…”
Connecting to Power: Political Connections, Innovation, and Firm Dynamics (2018, background): “…in question or stiffer regulatory oversight of its rivals (Kroszner and Stratmann, 1998); lighter taxation (De Soto, 1989; Arayavechkit et al., 2017); allocation of public subsidies to R&D (Fang et al., 2018); and government bailouts of financially distressed firms (Faccio and Parsley, 2006).”
Financing Decisions in Family Businesses: A Review and Suggestions for Developing the Field (2017, background): “(2007) Debt Asymmetric information between shareholders, and between shareholders and managers, aversion to risk Demand Both Asia Ebihara, Kubota, Takehara, and Yokota (2014) Multiple Asymmetric information between shareholders, retention of control Demand FB/NFB Japan Ehrhardt and Nowak (2003) Equi”