Political Connection and Firm Value
We study the effect of political connection (PC) on company value in an environment where low PC is due to better institutions and not confounded by favorable social/cultural factors. We find that in Singapore, the only country that fits this description, PC in general adds little to the value of a...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
The MIT Press
2013-09-01
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| Series: | Asian Development Review |
| Subjects: | |
| Online Access: | https://www.mitpressjournals.org/doi/pdf/10.1162/ADEV_a_00018 |