The value of implicit political connections

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August undefined, 2024

WebFeb 17, 2016 · If implicit political party preference can predict both voting intention and voting choices, this evidence would lend support to the comprehensive rationality stance; if implicit political party preference predicted voting choices but not voting intention, then the evidence would provide support to the bounded rationality stance. WebMay 1, 2024 · As documented by prior studies, political connections bring a variety of preferential treatments from the government, such as bank loans, tax breaks, government subsidies, direct contracts and regulation favors, and these benefits facilitate superior firm value and performance.

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WebJun 7, 2024 · Taking a supply-side view, political connections may signal a high level of operating premium, competitiveness, and potential. Previous works assign a value to political connections and confirm that markets, on average, perceive political connections to be a valuable resource. WebImplicit political connections may also be identiﬁed by referring to the political background of directors (Goldman et al. 2009; Duchin and Sosyura 2012; Goldman et al. 2013). ... value associated with lobbying expenditures in reaction to such an event supports the opinion that lobbying generates value for the shareholders. handcuff holders cases

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WebOct 1, 2024 · This paper estimates the value of political connections by examining stock price reactions to sudden deaths of retired government officials who were acting as independent directors of private ... WebThe Value of Political Connections: Chinese Evidence Abstract We investigate the value of political connections to Chinese companies using a sample of companies registered in … WebFor example, the median market capitalization of connected firms is $520 million in comparison with a median market value of $407 million for their non-connected peers. As regards earnings, connected firms have a higher mean ROA than non-connected firms, but the median ROA is lower. bus from kemnay to aberdeen

Transactional and relational approaches to political connections …

The Value of Political Connections: Chinese Evidence

WebThe total of the mediating effect value of implicit political connections on corporate re-entrepreneurial performance is 0.194 (p = 0.001), indicating that this mediating effect is of statistical significance. It also comes from entrepreneurial knowledge resources and entrepreneurial asset resources, with the mediating effect value being 0.060 ... WebApr 13, 2024 · The Value of Implicit Political Connections Authors: David Broadstock The Hong Kong Polytechnic University Xiaoqi Chen The Hong Kong Polytechnic University … handcuff holder clipWebFeb 13, 2024 · The results show that even though the headquarters of politically connected listed firms pay comparable land prices as other firms, their subsidiaries pay 12.1-13.2% … handcuff hoodie

"WebMay 4, 2024 · Both theory and empirical evidence suggest that managers’ career concerns can serve as an important source of implicit economic incentives. We examine how … " - The value of implicit political connections

The value of implicit political connections

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WebSep 6, 2024 · Second, the main findings of studies related to this topic are summarized, showing that political connections are valuable in different ways. More specifically, they … WebApr 10, 2024 · The political implications of all these poems were easy to make out. Times, Sunday Times. But while they answered my queries and discussed the wider political …

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WebMar 26, 2024 · Secure implicit connections will provide several new security features to prevent the reuse of a connection created for Power Apps: The connection is no longer distributed with the application. The app talks to a proxy connection that is created for the application. Other end-user authors no longer have access to the connection used in the …

WebJan 1, 2024 · The implicit government guarantees of politically connected firms imply that when the firms are in distress, there is an expectation that the government would step in, … WebWe distinguish between the political relations that arise from TMT's own work experience, which are termed direct political connections (DPC), and the relations that TMT develops …

WebApr 10, 2024 · The statistics showed that 64% of tubing and casing failures occurred in joints, and as much as 86% in some oilfields. 5 In recent years, the use of premium joints has significantly improved the safety of joints compared to API standards joints, but in practice, most string failures were still caused by leaky seals at connections. 6 In order to ... WebJun 27, 2024 · The main argument behind this evidence is that political connections could be a valuable resource for banks, enabling them to more easily access debt financing as they are considered to have an implicit guarantee that the government would rescue them in case of distress.

WebAug 11, 2024 · This paper examines the effect of internal control with a focus on implicit corruption of executives. Using the data from Chinese listed companies since 2010, we …

WebThe value of implicit political connections: Authors: Broadstock, D Chen, X Cheng, CSA Huang, W : Issue Date: 2024: Source: Journal of international accounting research, Summer 2024, v. 19, no. 2, p. 1-18: Abstract: We investigate whether the aggregated political relations of a firm’s top management team (TMT) add value to the firm’s ... handcuff holder leatherWebMay 4, 2024 · Both theory and empirical evidence suggest that managers’ career concerns can serve as an important source of implicit economic incentives. We examine how incentives for political promotion are related to compensation policy and firm performance in Chinese state-owned enterprises. bus from kendal to manchesterWebThe Value of Implicit Political Connections — College of Professional and Continuing Education The Value of Implicit Political Connections David Broadstock, Xiaoqi Chen, C. … handcuff holder for tactical vestWebJul 20, 2024 · Political connections are a handy tool to boost performance. To increase the performance, there is a need for control for getting the external resources. It is a more appropriate way to get external resources. Agency theory and political connections Agency theory is known as the study of associations between principal and agent. bus from kennedy point waihekeWebJan 31, 2024 · Furthermore, the Independents who showed implicit associations that favored Republican politics preferred whatever plan was proposed by Republicans — regardless of the values underlying the plan — more than they favored any plan proposed by Democrats. The same was true for those who showed an implicit preference for Democrats. handcuff iconWebAug 21, 2012 · We find that private firms with politically connected managers have a higher value and obtain more government subsidies than those without connected managers, … bus from kendal to barrow in furnessWebEstimating the Value of Political Connections By RAYMOND FISMAN* As the Indonesian economy went into a downward spiral in the latter half of 1997, there was much … bus from kendal to keswick