Is Corporate Political Activity an Investment or Agency? An Application of System GMM Approach
Corporate political activity (CPA) has been recognized as bearing a significant impact on financial performance (FP). Nevertheless, there has been a lack of considerable research to date. The results of the research regarding the relationship between CPA and FP have been contradictory and this has n...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
MDPI AG
2019-01-01
|
Series: | Administrative Sciences |
Subjects: | |
Online Access: | http://www.mdpi.com/2076-3387/9/1/5 |