Political corruption and firm value in the U.S.: do rents and monitoring matter?
Political corruption imposes substantial costs on shareholders in the U.S. Yet, we understand little about the basic factors that exacerbate or mitigate the value consequences of political corruption. Using federal corruption convictions data, we find that firm-level economic rents and monitoring me...
Authors: | ; ; ; |
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Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
Journals Online & Print: | |
Fernleihe: | Fernleihe für die Fachinformationsdienste |
Published: |
Springer
2021
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In: |
Journal of business ethics
Year: 2021, Volume: 168, Issue: 2, Pages: 335-351 |
Further subjects: | B
Firm value
B Political corruption B Aufsatz in Zeitschrift B Tobin's Q |
Online Access: |
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