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Does political capital create value in the IPO market? Evidence from China
16 references·16 citing·39 second hopsampled
Does political capital create value in the IPO market? Evidence from China (2013)Does political capital create value in th…The quality of accounting information in politically connected firms (2010)The quality of accounting inf…Rent-seeking incentives, corporate political connections, and the control structure of private firms: Chinese evidence (2010)Rent-seeking incentives, corp…Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆ (2007)Politically connected CEOs, c…Political connections, financing and firm performance: Evidence from Chinese private firms (2007)Political connections, financ…Political connections and preferential access to finance: The role of campaign contributions (2007)Political connections and pre…Public policy, political connections, and effective tax rates: Longitudinal evidence from Malaysia (2006)Public policy, political conn…Politically Connected Firms (2006)Politically Connected FirmsPolitical Connections and Corporate Bailouts (2006)Political Connections and Cor…Performance matched discretionary accrual measures (2005)Performance matched discretio…Do Lenders Favor Politically Connected Firms? Rent Provision in an Emerging Financial Market (2005)Do Lenders Favor Politically …Cronyism and capital controls: evidence from Malaysia (2002)Cronyism and capital controls…Performance Matched Discretionary Accrual Measures (2001)Performance Matched Discretio…Estimating the Value of Political Connections (2001)Estimating the Value of Polit…Do Some Outside Directors Play a Political Role? (2001)Do Some Outside Directors Pla…Earnings Management and the Long‐Run Market Performance of Initial Public Offerings (1998)Earnings Management and the L…Optimal Investment, Monitoring, and the Staging of Venture Capital (1995)Optimal Investment, Monitorin…To pollute or not to pollute: Political connections and corporate environmental performance (2022)To pollute or not to pollute:…Corporate Political Connections: A Multidisciplinary Review (2022)Corporate Political Connectio…Political connections and green technology innovations under an environmental regulation (2021)Political connections and gre…Government ownership and Venture Capital in China (2021)Government ownership and Vent…Fact or fiction: Implicit government guarantees in China’s corporate bond market (2021)Fact or fiction: Implicit gov…Do government subsidies promote financial performance? Fresh evidence from China's new energy vehicle industry (2021)Do government subsidies promo…How do corporate political connections influence financial reporting? A synthesis of the literature (2020)How do corporate political co…Political connections and directors' and officers' liability insurance – Evidence from China (2019)Political connections and dir…Does GRI Sustainability Reporting Pay Off? An Empirical Investigation of Publicly Listed Firms in China (2019)Does GRI Sustainability Repor…Do political connection disruptions increase labor costs in a government-dominated market? Evidence from publicly listed companies in China (2019)Do political connection disru…The dark side of rent-seeking: The impact of rent-seeking on earnings management (2018)The dark side of rent-seeking…How do political connections cause SOE s and non‐ SOE s to make different M&A decisions/performance? Evidence from China (2017)How do political connections …Do R&D tax incentives work? Firm-level evidence from China (2017)Do R&D tax incentives work? F…Corporate innovation and political connections in Chinese listed firms (2017)Corporate innovation and poli…Capital markets, financial institutions, and corporate finance in China (2017)Capital markets, financial in…Political connections with corrupt government bureaucrats and corporate M&A decisions: A natural experiment from the anti-corruption cases in China (2016)Political connections with co…The information content of stock markets: why do emerging markets have synchronous stock price movements? (2000)Corporate Governance in Asia: A Survey (2002)Corporate ownership structure and the informativeness of accounting earnings in East Asia (2002)Ownership Structure, Corporate Governance, and Firm Value: Evidence from the East Asian Financial Crisis (2003)What you export matters (2006)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle (1998)Interorganizational Endorsements and the Performance of Entrepreneurial Ventures (1999)Venture Capital and the Professionalization of Start‐Up Firms: Empirical Evidence (2002)Risk, Return, and Equilibrium: Empirical Tests (1973)Earnings Management During Import Relief Investigations (1991)Common risk factors in the returns on stocks and bonds (1993)Earnings Management through Real Activities Manipulation (2003)The economic implications of corporate financial reporting (2005)What Do We Know about Capital Structure? Some Evidence from International Data (1995)Do Politically Connected Boards Affect Firm Value? (2008)Corporate Philanthropy and Corporate Financial Performance: The Roles of Stakeholder Response and Political Access (2011)Politically Connected Boards of Directors and The Allocation of Procurement Contracts (2013)Law and Finance (1998)Investor protection and corporate governance (2000)Political connections and the cost of equity capital (2012)Corporate Social Responsibility Reporting in China: Symbol or Substance? (2013)Toward a More General Theory of Regulation (1976)Large Shareholders and Corporate Control (1986)Higher market valuation of companies with a small board of directors (1996)The separation of ownership and control in East Asian Corporations (2000)The ultimate ownership of Western European corporations (2002)A Theory of Competition Among Pressure Groups for Political Influence (1983)Econometric Analysis of Cross Section and Panel Data (2001)Firm-Level Political Risk: Measurement and Effects* (2019)Corporate Immunity to the COVID-19 Pandemic (2020)Politicians and Firms (1994)The Economic Consequences of Legal Origins (2008)Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market (2008)Experimental and Quasi-Experimental Designs for Research (1963)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)A review of archival auditing research (2014)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 2005Performance matched discretionary accrual measures6,963 cited
  • 2006Politically Connected Firms4,073 cited
  • 2001Estimating the Value of Political Connections2,988 cited
  • 2007Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆2,736 cited
  • 2006Political Connections and Corporate Bailouts2,576 cited
  • 2005Do Lenders Favor Politically Connected Firms? Rent Provision in an Emerging Financial Market2,375 cited
  • 1998Earnings Management and the Long‐Run Market Performance of Initial Public Offerings2,300 cited
  • 1995Optimal Investment, Monitoring, and the Staging of Venture Capital2,058 cited
  • 2007Political connections, financing and firm performance: Evidence from Chinese private firms1,797 cited
  • 2007Political connections and preferential access to finance: The role of campaign contributions1,732 cited
  • 2002Cronyism and capital controls: evidence from Malaysia1,566 cited
  • 2001Performance Matched Discretionary Accrual Measures1,420 cited
  • 2010The quality of accounting information in politically connected firms1,186 cited
  • 2001Do Some Outside Directors Play a Political Role?994 cited
  • 2006Public policy, political connections, and effective tax rates: Longitudinal evidence from Malaysia

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596 cited
  • 2010Rent-seeking incentives, corporate political connections, and the control structure of private firms: Chinese evidence559 cited
  • Cited by

    • 2022To pollute or not to pollute: Political connections and corporate environmental performance183 cited
    • 2017Corporate innovation and political connections in Chinese listed firms165 cited
    • 2017Capital markets, financial institutions, and corporate finance in China137 cited
    • 2021Political connections and green technology innovations under an environmental regulation137 cited
    • 2019Political connections and directors' and officers' liability insurance – Evidence from China130 cited
    • 2021Fact or fiction: Implicit government guarantees in China’s corporate bond market112 cited
    • 2022Corporate Political Connections: A Multidisciplinary Review109 cited
    • 2017Do R&D tax incentives work? Firm-level evidence from China109 cited
    • 2019Does GRI Sustainability Reporting Pay Off? An Empirical Investigation of Publicly Listed Firms in China107 cited
    • 2021Do government subsidies promote financial performance? Fresh evidence from China's new energy vehicle industry104 cited
    • 2020How do corporate political connections influence financial reporting? A synthesis of the literature92 cited
    • 2019Do political connection disruptions increase labor costs in a government-dominated market? Evidence from publicly listed companies in China89 cited
    • 2018The dark side of rent-seeking: The impact of rent-seeking on earnings management88 cited
    • 2017How do political connections cause SOE s and non‐ SOE s to make different M&A decisions/performance? Evidence from China77 cited
    • 2016Political connections with corrupt government bureaucrats and corporate M&A decisions: A natural experiment from the anti-corruption cases in China71 cited
    • 2021Government ownership and Venture Capital in China64 cited