THE IMPACT OF POLITICAL CONNECTIONS ON FIRMS’ OPERATING PERFORMANCE AND FINANCING DECISIONS

By Narjess Boubakri, J. Cosset, Walid Saffar. 2012

265 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/e80eb5bceff4ae1aa8cf71b6679f71d6418c9a56

Citations in the corpus

• Political connections and corporate investments: Evidence from the recent anti-corruption campaign in China (2017, unknown): “To calculate the propensity score, we include a set of firm characteristics that can capture the probability of being event firms, namely firm size, leverage, the largest shareholder ownership and state ownership, following existing studies (Faccio et al., 2006; Boubakri et al., 2012) 6 .”
• Political institutions, connectedness, and corporate risk-taking (2013, unknown): “This choice is motivated by studies that provide evidence on the influence of firm location on political connections (e.g., Boubakri et al., 2012).”
• Political connections and the cost of equity capital (2012, unknown): “, Khwaja and Mian, 2005; Faccio, 2006, 2010; Chen et al., 2010; Cooper et al., 2011) document that the strength of political connections affects their benefits. Facilitating our analysis, Faccio’s (2006) data distinguishes between whether the connections are through a: (i) member of the government (”
• Political activity and firm performance within nonmarket research: A review and international comparative assessment (2015, unknown): “Politically connected firms have easier and preferential access to financing (Boubakri et al., 2012; Claessens et al., 2008; Fraser et al., 2006; Hassan et al., 2012; Leuz & Oberholzer-Gee, 2006), are highly leveraged (Fraser et al., 2006), and have longer debt maturities (Boubakri et al., 2012).”