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...
| Principais autores: | , , |
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| Outros Autores: | |
| Formato: | Final Year Project (FYP) |
| Publicado em: |
2008
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| Assuntos: | |
| Acesso em linha: | http://hdl.handle.net/10356/9591 |
| Resumo: | 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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