Political Connection and Firm Value

We study the effect of political connection (PC) on company value in an environment where low PC is due to better institutions and not confounded by favorable social/cultural factors. We find that in Singapore, the only country that fits this description, PC in general adds little to the value of a...

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Bibliographic Details
Main Authors: ANG, James S., DING, David K., THONG, Tiong Yang
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2011
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/4439
https://ink.library.smu.edu.sg/context/lkcsb_research/article/5438/viewcontent/PoliticalConnectionFirmValue.pdf
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Institution: Singapore Management University
Language: English