The Mortality Cost of Political Connections
نویسندگان
چکیده
منابع مشابه
The mortality cost of political connections
We study the relationship between the political connections of Chinese firms and workplace fatalities. The worker death rate for connected companies is five times that of unconnected firms; this result also holds when we exploit executive turnover to generate within-firm estimates. The connections-mortality relationship is attenuated in provinces where officials’ promotion is contingent on meet...
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Political Connections and Financial Stability
Do political connections increase bank risk-taking, or do they work as a financial safety net ex post? Using a data set of lobbying activities by US financial institutions, this paper provides empirical evidence that lobbying activities reduce banks’ risks under the presence of government bailouts. First, I uncover from an event study the fact that political connections and government bailouts ...
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ژورنال
عنوان ژورنال: The Review of Economic Studies
سال: 2015
ISSN: 0034-6527,1467-937X
DOI: 10.1093/restud/rdv020