Political connection and corporate governance
This paper examines the association between firm valuation and political connection. Our findings show that politically connected firms have higher market valuation than non-politically connected firms. We also investigate the association between political connection and corporate governance. We fin...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Published: |
2008
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/9591 |
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| Institution: | Nanyang Technological University |
| Summary: | This paper examines the association between firm valuation and political connection. Our findings show that politically connected firms have higher market valuation than non-politically connected firms. We also investigate the association between political connection and corporate governance. We find that politically connected firms adopt strong corporate governance structures. |
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