Cronyism and capital controls: evidence from Malaysia☆

By Simon Johnson, Todd Mitton. 2001

1,666 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/4e5bde521c70d3ad1473d9c4f1e6bc634a6448c8

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In Accounting

In Strategy and Management

Citations in the corpus

The Quality of Accounting Information in Politically Connected Firms (2011, neutral): “…by current politicians, foreign politicians, and well documented relationships with political parties (as identified in Gomez and Jomo, 1997; and Johnson and Mitton, 2003) and other well known connections, as indentified in Agrawal and Knoeber (2001) for the U.S.; Backman (1999) for Asia;…”
Political activity and firm performance within nonmarket research: A review and international comparative assessment (2015, neutral): “We understand that favours and preferential treatment often times result in corruption and cronyism (Imai, 2006; Johnson & Mitton, 2003), but are the channels of superior performance for firms in these countries.”
Portfolios of Political Ties and Business Group Strategy in Emerging Economies (2014, neutral): “Firms’ executives may be connected to political party leaders simply because they are family members, classmates, or neighbors or share the same political beliefs (Johnson and Mitton, 2003; Siegel, 2007).”
Political Geography and Stock Returns: The Value and Risk Implications of Proximity to Political Power (2012, neutral): “Political connections are valuable for corporations around the world (Fisman, 2001; Johnson and Mitton, 2003; Faccio, 2006; Faccio, Masulis, and McConnell, 2006; Niessen and Ruenzi, 2009; Ferguson and Voth, 2008).”
Mixing business with politics: Political participation by entrepreneurs in China (2015, neutral): “The value of political capital can be due to subsidies for the connected firms during crisis (Johnson and Mitton, 2003) or bailouts when the connected firms are in financial trouble (Faccio et al, 2006).”
Public Policy, Political Connections, and Effective Tax Rates: Longitudinal Evidence from Malaysia (2006, neutral): “The Malaysian government, for example, plays the role of political patron to selected firms, which have been referred to as firms with political connections (Perkins and Woo, 2000; Fisman, 2001; Johnson and Mitton, 2003).”
Political Connections and Minority-Shareholder Protection: Evidence from Securities-Market Regulation in China (2010, positive): “Third, we contribute to the literature on the importance of political connections (Fisman (2001), Johnson and Mitton (2003), Faccio, Masulis, and McConnell (2006), Fan, Wong, and Zhang (2007), and Cheung et al. (2010)).”