This study investigates whether a CEO's personal political ideology, as captured by his or
her political contributions, is associated with a firm's credit ratings. Republican CEOs, we …

A number of studies have drawn attention to the concept of relationship-based capitalism
among non-Western firms in the emerging markets. Malaysia presents an interesting and …

We examine the persistence of corporate corruption for a sample of privately-held firms from
12 Central and Eastern European countries from 2001 to 2015. Using publicly available …

This study explores close US congressional elections involving politicians who have
influence over the SEC to examine the effect of firms' political connections on their financial …

Corruption includes rent‐seeking behavior by public officials (eg, lavish in‐kind benefits and
monetary kickbacks for contracts/permits/regulatory leniency, improper political …

Public corruption in the government procurement process is rampant and its cost is huge,
even among developed countries. Some scholars estimate that about 20%–30% of the …

With the reintroduction of hard earmarks in the United States, it is essential to understand the
factors that drive the receipt of earmarks. Earmarks represent a significant source of revenue …

We study investors' preferences for corporate political connections in the United States using
a novel measure: shareholder votes given to individual directors. We find that, after fully …

When foreign state-owned enterprises (SOE) enter the United States (US) market by
acquiring domestic targets, they increase competition in the targeted industry and pressure …

This study investigates the role of princelings in Chinese listed firms. Our findings suggest
that princelings ensure better access to bank loans for non-SOEs but bring no significant …