Out of Sight, Out of Mind: The Value of Political Connections in Social Networks

Out of Sight, Out of Mind: The Value of Political Connections in Social Networks

This paper investigates the impact of social-network based political connections on firm value. We focus on the networks of university classmates and alumni among directors of U.S. public firms and congressmen. Comparing firms connected to elected versus defeated politicians in the Regression Discon...

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Bibliographic Details
Main Authors: DO, Quoc-Anh, LEE, Yen Teik, NGUYEN, Bang Dang, NGUYEN, Kieu-Trang
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2012
Subjects:
Social network
political connection
close election
regression discontinuity design
firm value
state-level politics.
Corporate Finance
Finance
Political Science
Online Access:https://ink.library.smu.edu.sg/soe_research/1388
https://ink.library.smu.edu.sg/context/soe_research/article/2387/viewcontent/22_2012_OutofSightOutofMindTheValueofPoliticalConnectionsinSocialNetworks.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soe_research/1388
https://ink.library.smu.edu.sg/context/soe_research/article/2387/viewcontent/22_2012_OutofSightOutofMindTheValueofPoliticalConnectionsinSocialNetworks.pdf

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