US political corruption and firm financial policies

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Climate Change and Corporate Cash Holdings: Global Evidence (2020, methodology): “at different locations than the headquarters (Garcia and Norli, 2012; Smith, 2016).”
Corruption and Corporate Innovation (2019, unknown): “Smith (2016) finds that firms use more leverage and hold less cash when they face more local political corruption, presumably to shield extractable surplus from rent-seeking politicians.”
Does Political Corruption Impede Firm Innovation? Evidence from the United States (2019, methodology): “…corruption, in particular, has been shown to significantly affect economic growth and firm policies (Mauro (1995), Jain (2001), Stulz (2005), Smith (2016), and Fisman and Golden (2017)), but whether and how it affects a firm’s technological innovation, especially in developed countries such…”