Out of Sight, Out of Mind: The Value of Political Connections in Social Networks
This paper investigates the impact of social-network connections to politicians on firm value. We focus on the networks of university classmates and alumni among directors of U.S. public firms and Congressmen. Using the Regression Discontinuity Design based on close elections from 2000 to 2008, we i...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2011
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/1349 http://www.isb.edu/financeconference2011/File/OutofSight-OutofMind.pdf |
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| Institution: | Singapore Management University |
| Language: | English |