Political Connectedness, Corporate Governance, and Firm Performance

In this paper, we present and test a theory of how political connectedness (often linked to political corruption) affects corporate governance and productive efficiency of firms. Our model predicts that underdeveloped democratic institutions that do not punish political corruption result in politica...

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Bibliographic Details
Authors: Domadenik, Polona (Author) ; Prašnikar, Janez (Author) ; Svejnar, Jan (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 2016
In: Journal of business ethics
Year: 2016, Volume: 139, Issue: 2, Pages: 411-428
Further subjects:B Productivity
B Politicians
B Corporate governance
B Political connectedness
B Political corruption
B State-owned enterprises
Online Access: Volltext (JSTOR)
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