This study uses hand-collected information on shareholders’ backgrounds of mutual funds and their fund management companies (FMCs), administrative criminal penalties for insider trading as the proxy government regulation intensity. We fill a gap in literature by identifying positive relationship between funds’ performance proportion state-owned FMC ownership that becomes negative when Chinese i...

We examine the relationship between elections, political connections, and cash holdings in Ghanaian local assemblies. Using a panel dataset of 179local assemblies over period 2012 to 2017, regression generalized method moments estimation techniques was employed for analysis. find that hold less during election years, which suggests may be one potential factors mitigate agency conflict weak gove...

Using American Recovery and Reinvestment Act (ARRA) data, we show that firms lever their political connections to win stimulus grants public expenditure channeled through politically connected hinders job creation. We build a unique database links information on campaign contributions, state legislative elections, firm characteristics, ARRA grant allocation. Using exogenous variation in ...

This article draws some general connections between privatization and political accountability. Although the main focus of the article is to examine different types of privatization, specifically exploring the ramifications for political accountability of each type, I also engage in some speculation as to whether there are situations in which privatization might raise constitutional concerns re...

Recently, the call to combine land change science (LCS) and political ecology (PE) in the study of human-environment interactions has been widely discussed by scientists from both subfields of geography. In this paper, we use a hybrid ecology framework to examine the effects of conservation policies on the environment and the livelihood of the people of the Korup National Park (KNP). Using tech...