The surge in political information, discourse, and interaction has been one of the most important developments in social media over the past several years. There is rich structure in the interaction among different viewpoints on the ideological spectrum. However, we still have only a limited analytical vocabulary for expressing the ways in which these viewpoints interact. In this paper, we deve...

This paper examines how ownership structure and institutional development influence the liquidity management and investment policies of firms, in response to the threat of political extraction in China. First, we document evidence that firms controlled by private entrepreneurs hold less cash reserves than their state-owned counterparts. In addition, cash holdings (investments) is positively (ne...

The emergence of political neuroscience—an interdisciplinary venture involving political science, psychology, and cognitive neuroscience—has piqued the interests of scholars as well as the mass public. In this chapter, we review evidence pertaining to four areas of inquiry that have generated most of the research in political neuroscience to date: (1) racial prejudice and intergroup relations; ...

The purpose of the article is to reveal theoretical and methodological approaches some results study structure multidimensional political space Tajikistan its party dimension. Theories concepts lead researchers believe that it much broader than framework system, more complex organization institutional content, as consists a variety legal, political, social fields spatial dimensions. author sure...

This manuscript examines the relationship between political veto points, credible commitments and regulatory compliance costs. We extend the work on credible commitments in comparative political economy and apply this framework to environmental compliance costs in the American states. Our central purpose is to assess whether different types of political veto points credibly constrain regulatory...

Do corporations owned largely by other firms participate in politics more aggressively? Assuming that political action generates externality to others, this chapter theoretically and empirically investigates how a firm’s political behavior is affected by its financial structure. I first derive the optimal political expenditure under two behavioral assumptions: shareholder-value and firm-value m...

This paper looks at the historical evolution of the relationship between an economy's structure and the corresponding political system, starting from feudal times. We show why, in an early agricultural phase, aristocratic political systems prevail, while democracies tend to emerge with the industrial phase, while at the same time the legal system regulating the intergenerational transfers of pr...