Cross-country differences in the effect of political connections on stock price informativeness
Using a sample of firms from 28 countries, we investigate the cross-country differences in the effect of political connections on the information environment. We find that politically connected firms in the emerging markets exhibit lower stock price informativeness than similar unconnected firms but...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2016
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/1538 https://ink.library.smu.edu.sg/context/soa_research/article/2565/viewcontent/9053169.pdf |
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| Institution: | Singapore Management University |
| Language: | English |