The DOI matches its Crossref record; 5 of the 5 references it cites were found in a registry or an index.
Politically Connected Firms
Open accessAbstract
Examination of firms in 47 countries shows a widespread overlap of controlling shareholders and top officers who are connected with national parliaments or governments, particularly in countries with higher levels of corruption, with barriers to foreign investment, and with more transparent systems. Connections are diminished when regulations set more limits on official behavior. Additionally, I show that the announcement of a new political connection results in a significant increase in value.
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Cites
La Porta, R., Lopez‐de‐Silanes, F., Shleifer, A., & Vishny, R. W. (1998) · Journal of Political Economy · doi:10.1086/250042 · Cited by 18,025
The separation of ownership and control in East Asian Corporations
Claessens, S., Djankov, S., & Lang, L. H. P. (2000) · Journal of Financial Economics · doi:10.1016/s0304-405x(00)00067-2 · Cited by 5,754
La Porta, R. (1999) · Journal of Law, Economics, and Organization · doi:10.1093/jleo/15.1.222 · Cited by 5,699
Djankov, S., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2002) · The Quarterly Journal of Economics · doi:10.1162/003355302753399436 · Cited by 3,956
The great reversals: the politics of financial development in the twentieth century
Rajan, R. G., & Zingales, L. (2003) · Journal of Financial Economics · doi:10.1016/s0304-405x(03)00125-9 · Cited by 3,327
Cited by
Do Lenders Favor Politically Connected Firms? Rent Provision in an Emerging Financial Market
Khwaja, A. I., & Mian, A. (2005) · The Quarterly Journal of Economics · doi:10.1162/003355305775097524 · Cited by 2,366
Corporate Social Responsibility Reporting in China: Symbol or Substance?
Marquis, C., & Qian, C. (2014) · Organization Science · doi:10.1287/orsc.2013.0837 · Cited by 1,793
Scrutiny, Norms, and Selective Disclosure: A Global Study of Greenwashing
Marquis, C., Toffel, M. W., & Zhou, Y. (2016) · Organization Science · doi:10.1287/orsc.2015.1039 · Cited by 1,680
Politically Connected Boards of Directors and The Allocation of Procurement Contracts
Goldman, E., Rocholl, J., & So, J. (2013) · Review of Finance · doi:10.1093/rof/rfs039 · Cited by 920
Political Connections and the Cost of Bank Loans
HOUSTON, J. F., JIANG, L., LIN, C., & MA, Y. (2014) · Journal of Accounting Research · doi:10.1111/1475-679x.12038 · Cited by 705
Metadata
- Authors
- Faccio, M.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2006-02-01
- Volume
- 96
- Issue
- 1
- Pages
- 369-386
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W3121235470
- Cited by
- 4,059
- References
- 5
- FWCI
- 210.87
- Type
- journal article
- Language
- en
- Open access
- green
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
