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State ownership and political connections

WebJan 23, 2024 · However, we find evidence that both state ownership and political connections have a profound effect on the strategies firms pursue, such as financial … WebJul 20, 2024 · Political connections are a handy tool to boost performance. To increase the performance, there is a need for control for getting the external resources. It is a more appropriate way to get external resources. Agency theory and political connections Agency theory is known as the study of associations between principal and agent.

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Webthe early reform era was one of bringing order and stability to political and social life after the chaos of the Cultural Revolution. In the economic realm, law was intended to be a … WebJan 31, 2024 · The literature has used two main approaches to account for companies’ political connections: (1) explicit direct political connections: political affiliation of large shareholders, firms’ top officers or board members; (2) indirect connections: campaign contributions and lobbying expenditures. diversification by product https://dynamiccommunicationsolutions.com

Political connections and corporate environmental responsibility ...

Web1 day ago · News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. WebOct 4, 2016 · The separate effect of state ownership on corporate valuation is less clear-cut. This survey also summarizes recent empirical research examining the relationship between state ownership of business assets and financial markets and institutions, and also surveys the literature examining political connections between politicians and corporate ... WebMay 3, 2012 · Ownership and the V alue of Political Connections 705 incentives for increased go vernment intervention, which can result in a greater policy burden and a … cracker barrel in okc

The Effects of Political Connections and State …

Category:State ownership, political ideology, and firm performance …

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State ownership and political connections

Political Connections and Industrial Pollution: Evidence Based on …

WebThere is a process provided under IRS Revenue Procedure 2004-35 that provides automatic relief for certain taxpayers requesting relief for late shareholder consents for S … WebThe results found that political connections, institutional ownership, and cash holding are significant factors affecting the performance of state-owned companies. Another finding was that companies with stronger political connections affect the performance of state-owned companies.

State ownership and political connections

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WebTherefore, this study identifies one vital channel through which political connections are beneficial for non-state-controlled firms in terms of mitigating the threat of political extraction. Suggested Citation Kusnadi, Yuanto & Yang, Zhifeng & Zhou, Yuxiao, 2015. WebJan 1, 2024 · This study examines the impact of political connections and government ownership on accrual and real earnings management. Based on a Jordanian sample of 310 firm-year observations, the study...

WebJan 1, 2024 · State capacity refers to the effectiveness of a state in developing and enforcing policy goals (Guillén & Capron, 2016; Hanson & Sigman, 2013), whereas … WebJul 17, 2014 · We therefore propose that the state’s ownership control and executives’ political connections are the two major ways in which the domestic state controls SOEs’ …

WebDec 7, 2015 · We extend the evidence of this by introducing a new dimension of political connection: partial state ownership of PSEs. Using a data set of 262 publically listed PSEs … WebJan 22, 2024 · The influence of the state on firms in the global economy is alive and well. States have become dominant owners of companies in …

WebJan 10, 2024 · After controlling for partial state ownership, we find that personal political identity of entrepreneurs, a previously investigated dimension of political connections, … cracker barrel in roanoke rapidsWebBrian A. Bernardoni is an advocate for business groups nationally and a prominent civic leader in Illinois. After a career in campaign politics and a brief stint in Cook County … diversification by product meansWebState law require candidates, political committees and, in some cases, individuals to keep full and accurate records of s financial transactions and to file periodic disclosure reports. … diversification company examplesWebNov 22, 2024 · State-owned emerging economy firms pursue outward FDIs to respond to policy incentives of the home government and to reduce its political influence over the firm. FDI projects are often large and risky and have low business values. diversification definition business studiesWebtiffs’ wealth. Third, we find that defendant firms with political connections have smaller losses in stockholder’s wealth. Fourth, state-controlled firms and polit-ically connected firms have greater success in the appeals process. Thus, we document prima facie evidence of bias in the judicial process. Our findings diversification des revenusWebDownloadable! This paper constructs a firm-level dataset to document the prevalence of State- Owned Enterprises (SOEs) in 27 European countries over the period 2002-2012. We find government ownership of firms to be widespread over the European continent. On average we annually observe 35,596 firms with a state participation; 21,377 of these are … cracker barrel in rockwall txWebWe find that politically connected defendants are favored in the judicial process: they have higher stock returns and are more likely to appeal against adverse outcomes and to … diversification definition for investors