• Corpus ID: 158737613

The Value of Political Connections in the Post-Transition Period: Evidence from the Czech Republic

  title={The Value of Political Connections in the Post-Transition Period: Evidence from the Czech Republic},
  author={Miroslav Palansk{\'y}},
This paper analyzes a novel data set on all corporate political donations made in a post-transition country, the Czech Republic, between 1995 and 2014. Using these donations as a proxy for political connections, I assess the relationship between being connected to a political party and the financial performance of the connected firms. In line with the theoretical predictions, I find that firms successfully use political connections to gain advantage over their non-connected peers. The results… 

Do Corrupt Local Governments Inhibit Entrepreneurship? A Contextual Analysis of Start-Ups in Swedish Municipalities

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This article explores whether political connections are important in the United States. The article uses an original hand-collected data set on the political connections of board members of S&P 500

Political connections of newly privatized firms

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Corruption by the politically connected is often blamed for economic ills, particularly in less developed economies. Using a loan-level data set of more than 90,000 firms that represents the universe

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We quantify the private returns and social costs of political connections exploiting a unique longitudinal dataset that combines matched employer-employee data for a representative sample of Italian