The Role of Political Connections in Mitigating Policy Uncertainty: Evidence from Firm-Specific Investment
abstract: In this study, I test whether firms reduce the information asymmetry stemming from the political process by investing in political connections. I expect that connected firms enjoy differential access to relevant political information, and use this information to mitigate the negative conse...
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Format: | Doctoral Thesis |
Language: | English |
Published: |
2014
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Online Access: | http://hdl.handle.net/2286/R.I.27564 |