Can I read Political Connections and Firm Value During COVID-19 on EtoBox?
Political Connections and Firm Value During COVID-19 by Bhushi Shushi is a document available to read on EtoBox.
What is Political Connections and Firm Value During COVID-19 about?
1) This study investigates the relationship between political connections and firm financial performance during the COVID-19 pandemic using Chinese firms. 2) Using a differences-in-differences methodology, the study finds that politically connected firms employed more workers, paid more taxes, and experienced worse financial performance during the pandemic period. 3) The results suggest that political connections can undermine firm value during crises as politicians pressure connected firms to take action
- Author
- Bhushi Shushi
- Language
- EN