Tag: Political Influence and Corporate Strategies
Listing changes how policy uncertainty affects R&D investment
Study shows IPOs have dual effects on R&D spending in China: listing encourages investment under policy uncertainty, but political connections gained reduce it.
Political donations are linked to lower cash holdings and investment efficiency
Study of 300 Australian firms reveals political donations correlate with lower cash holdings, higher leverage, and reduced investment efficiency, pointing to agency costs.
Trump election linked to overreaction in low-ESG and alternative energy stocks
Event study analysis of 2024 U.S. election reveals significant market overreaction in ESG and alternative energy stocks, casting doubt on sustainable investment resilience.
Cabinet policy orientation and capital inflows in OECD countries
Cabinet policy orientation and gross capital inflows in OECD countries. Transitions to market-oriented cabinets boost direct investment; reform efficacy varies by ideology.
Political connections are linked to lower corporate innovation
Study reveals how political connections paradoxically inhibit innovation in Chinese firms, with governance structures and dynamic capabilities serving as critical mitigating factors.
Disclosure quality predicts wins in competitive Japanese tenders
Study examines how financial reporting quality and quantity affect Japanese government procurement success, revealing transparency benefits in competitive tenders and political connections as.
