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Political risk and cost of equity: The mediating role of political connections
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- Shaorou Hu & Ming Liu & Nan Liu & Xialin Guo, 2024. "Do State Ownership and Political Connections Affect Precautionary Cash Holdings for Customer Concentration? Evidence from China," Abacus, Accounting Foundation, University of Sydney, vol. 60(2), pages 305-337, June.
- Nnadi, Modestus I. & Sorwar, Ghulam & Eskandari, Rasol & Chizema, Amon, 2021. "Political connections and seasoned equity offerings," Journal of Banking & Finance, Elsevier, vol. 133(C).
- Bajaj, Yukti & Kashiramka, Smita & Singh, Shveta, 2021. "Economic policy uncertainty and leverage dynamics: Evidence from an emerging economy," International Review of Financial Analysis, Elsevier, vol. 77(C).
- Ma, Huanyu & Hao, Dapeng, 2022. "Economic policy uncertainty, financial development, and financial constraints: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 79(C), pages 368-386.
- Ghosh, Saibal, 2023. "Social unrest and corporate behaviour during the Arab Spring period," The Journal of Economic Asymmetries, Elsevier, vol. 27(C).
- Tan, Xueping & Zhong, Yiran & Vivian, Andrew & Geng, Yong & Wang, Ziyi & Zhao, Difei, 2024. "Towards an era of multi-source uncertainty: A systematic and bibliometric analysis," International Review of Financial Analysis, Elsevier, vol. 95(PB).
- Li, Mingsheng & Liu, Desheng & Peng, Hongfeng & Zhang, Luxiu, 2022. "Political connection and its impact on equity market," Research in International Business and Finance, Elsevier, vol. 60(C).
- Deng, Xin & Li, Qian Cher & Mateut, Simona, 2022.
"Participation in setting technology standards and the implied cost of equity,"
Research Policy, Elsevier, vol. 51(5).
- Xin Deng & Cher Li & Simona Mateut, 2020. "Participation in setting technology standards and the implied cost of equity," Discussion Papers 2020-29, University of Nottingham, GEP.
- Karanasos, M. & Yfanti, S., 2021. "On the Economic fundamentals behind the Dynamic Equicorrelations among Asset classes: Global evidence from Equities, Real estate, and Commodities," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 74(C).
- Beyer, Deborah B. & Fan, Zaifeng S., 2023. "The calming effects of conflict: The impact of partisan conflict on market volatility," International Review of Financial Analysis, Elsevier, vol. 85(C).
- Yanping Ma & Qian Wei & Xiang Gao, 2024. "The Impact of Political Risks on Financial Markets: Evidence from a Stock Price Crash Perspective," IJFS, MDPI, vol. 12(2), pages 1-16, May.
- Huang, Ying Sophie & Wu, Jiajia & Guo, Feng, 2022. "Venture capital staging under economic policy uncertainty," International Review of Economics & Finance, Elsevier, vol. 78(C), pages 572-596.
- Badar Nadeem Ashraf, 2021. "Is Economic Uncertainty a Risk Factor in Bank Loan Pricing Decisions? International Evidence," Risks, MDPI, vol. 9(5), pages 1-17, April.
- Peng, Daoju & Colak, Gonul & Shen, Jianfu, 2023. "Lean against the wind: The effect of policy uncertainty on a firm's corporate social responsibility strategy," Journal of Corporate Finance, Elsevier, vol. 79(C).
- Lu, Shenghua & Wang, Hui, 2023. "How revolving-door recruitment makes firms stand out in land market: Evidence from China," China Economic Review, Elsevier, vol. 78(C).
- Huynh, Thanh D. & Nguyen, Thu Ha & Truong, Cameron, 2020. "Climate risk: The price of drought," Journal of Corporate Finance, Elsevier, vol. 65(C).
- Li, Qian & Wang, Shihao & Song, Victor, 2023. "Product competition, political connections, and the costs of high leverage," Journal of Empirical Finance, Elsevier, vol. 74(C).
- Nicholas Apergis & Ioannis Chatziantoniou, 2022. "US partisan conflict shocks and international stock market returns," Empirical Economics, Springer, vol. 63(6), pages 2817-2854, December.
- Yin, Doudou & Si, Deng-Kui & Wang, Yun, 2024. "How does corporate investment respond to trade policy uncertainty in China? The role of political connections," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 1429-1445.
- Benjamin Lynch & Martha O'Hagan‐Luff, 2024. "Relative corporate social performance and cost of equity capital: International evidence," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(3), pages 2882-2910, July.
- Vincent Tawiah & Abdulrasheed Zakari & Yan Wang, 2022. "Partisan political connections, ethnic tribalism, and firm performance," Review of Quantitative Finance and Accounting, Springer, vol. 58(4), pages 1331-1362, May.
- Jia, Boxiang & Goodell, John W. & Shen, Dehua, 2021. "US partisan conflict and high-yield exchange rates," Finance Research Letters, Elsevier, vol. 40(C).
- Rahman, Dewan & Haque, Anamul & Kabir, Muhammad & Bin Hasan, Shehub, 2024. "Firm-level political risk and equity issuance," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 91(C).
- Biswas, Sonny & Zhai, Wei, 2021. "Economic policy uncertainty and cross-border lending," Journal of Corporate Finance, Elsevier, vol. 67(C).
- Zbysław Dobrowolski & Grzegorz Drozdowski & Mirela Panait & Simona Andreea Apostu, 2022. "The Weighted Average Cost of Capital and Its Universality in Crisis Times: Evidence from the Energy Sector," Energies, MDPI, vol. 15(18), pages 1-15, September.
- Qian, Xianhang & Qiu, Shanyun, 2023. "Political risk and corporate international supply chain," Journal of International Money and Finance, Elsevier, vol. 137(C).
- Islam, Md Shahidul & Alam, Md Samsul & Bin Hasan, Shehub & Mollah, Sabur, 2022. "Firm-level political risk and distance-to-default," Journal of Financial Stability, Elsevier, vol. 63(C).
- Jun Xie & Junyi Chen, 2021. "Corporate philanthropy, public awareness, and the cost of equity capital: Evidence from China," Annals of Economics and Finance, Society for AEF, vol. 22(1), pages 153-194, May.
- Amanjot Singh & Harminder Singh & Venura Welagedara, 2024. "Aggregate uncertainty, information acquisition, and analyst stock recommendations," International Review of Finance, International Review of Finance Ltd., vol. 24(4), pages 604-640, December.
- Cai, Yifei & Chang, Hao-Wen & Chang, Tsangyao, 2023. "Evaluating time-varying granger causality between US-China political relation changes and China stock market," Finance Research Letters, Elsevier, vol. 55(PA).
- Almaghrabi, Khadija S. & Tsalavoutas, Ioannis, 2022. "Political spending, related voluntary disclosure, and the cost of public debt," Journal of Financial Stability, Elsevier, vol. 63(C).
- Dane M. Christensen & Hengda Jin & Suhas A. Sridharan & Laura A. Wellman, 2022. "Hedging on the Hill: Does Political Hedging Reduce Firm Risk?," Management Science, INFORMS, vol. 68(6), pages 4356-4379, June.
- Yamina Chouaibi & Matteo Rossi & Ghazi Zouari, 2021. "The Effect of Corporate Social Responsibility and the Executive Compensation on Implicit Cost of Equity: Evidence from French ESG Data," Sustainability, MDPI, vol. 13(20), pages 1-17, October.
- Liu, Guanchun & Hu, May & Cheng, Chen, 2021. "The information transfer effects of political connections on mitigating policy uncertainty: Evidence from China," Journal of Corporate Finance, Elsevier, vol. 67(C).
- Kong, Dongmin & Zhao, Zhao, 2024. "Political investing of mutual funds," International Review of Financial Analysis, Elsevier, vol. 95(PB).
- Olayinka Oyekola & Meryem Duygun & Samuel Odewunmi & Temitope Fagbemi, 2023. "Political risk and external finance: Evidence from cross-country firm-level data," Discussion Papers 2312, University of Exeter, Department of Economics.
- Frank Obenpong Kwabi & Emmanuel Adegbite & Ernest Ezeani & Chizindu Wonu & Henry Mumbi, 2024. "Political uncertainty and stock market liquidity, size, and transaction cost: The role of institutional quality," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(2), pages 2030-2048, April.
- Lukas Timbate & Dongil Kim & Dereje Asrat & Hwang Sungjun, 2024. "Firm-level political uncertainty, corporate lobbying and risk-taking," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-12, December.
- Nguyen, Quan M.P. & Do, Hung Xuan & Molchanov, Alexander & Nguyen, Lily & Nguyen, Nhut H., 2023. "Political similarities in credit ratings," International Review of Financial Analysis, Elsevier, vol. 86(C).
- Colak, Gonul & Gounopoulos, Dimitrios & Loukopoulos, Panagiotis & Loukopoulos, Georgios, 2021. "Political power, local policy uncertainty and IPO pricing," Journal of Corporate Finance, Elsevier, vol. 67(C).
- Ma, Xiaofang & Chen, Jun & Dong, Wang & Su, Qiaoling, 2024. "Chief accountants weigh in: How professional leadership of SOEs influence investment efficiency," International Review of Financial Analysis, Elsevier, vol. 95(PB).
- Zhang, Ke & Zhang, Xujun & Xiong, Lingyun & Rao, Bin, 2024. "The stabilizing effect of government guarantees in real economy investment: Evidence from China," International Review of Economics & Finance, Elsevier, vol. 91(C), pages 219-240.
- Hu, Jun & Long, Wenbin & Dai, Ming & (Troy) Yao, Daifei, 2022. "Does international experience of managers bring financing benefits? Evidence from the cost of equity capital," Journal of Contemporary Accounting and Economics, Elsevier, vol. 18(1).
- Gad, Mahmoud & Nikolaev, Valeri & Tahoun, Ahmed & van Lent, Laurence, 2024. "Firm-level political risk and credit markets," Journal of Accounting and Economics, Elsevier, vol. 77(2).
- Safiullah, Md & Kabir, Md. Nurul, 2024. "Corporate political risk and environmental performance," Global Finance Journal, Elsevier, vol. 60(C).
- Xiangyuan Meng & Haoge Guo & Jie Li, 2023. "Economic policy uncertainty and corporate investment: evidence from China," Economic Change and Restructuring, Springer, vol. 56(6), pages 4491-4529, December.
- Chuliá, Helena & Estévez, Marc & Uribe, Jorge M., 2023. "Systemic political risk," Economic Modelling, Elsevier, vol. 125(C).
- Guglielmo Maria Caporale & Menelaos Karanasos & Stavroula Yfanti, 2019. "Macro-Financial Linkages in the High-Frequency Domain: The Effects of Uncertainty on Realized Volatility," CESifo Working Paper Series 8000, CESifo.
- Wan, Lihong & Zhang, Panpan & Lin, Qi, 2023. "The loss of political connections and corporate financialization," Finance Research Letters, Elsevier, vol. 57(C).
- Al Guindy, Mohamed, 2021. "Corporate Twitter use and cost of equity capital," Journal of Corporate Finance, Elsevier, vol. 68(C).
- Dev R. Mishra, 2023. "Firm‐level political risk and implied cost of equity capital," International Review of Finance, International Review of Finance Ltd., vol. 23(3), pages 615-644, September.
- Chan, Kam Fong & Marsh, Terry, 2021. "Asset prices, midterm elections, and political uncertainty," Journal of Financial Economics, Elsevier, vol. 141(1), pages 276-296.
- Adrian, Christofer & Garg, Mukesh & Viet Pham, Anh & Phang, Soon-Yeow & Truong, Cameron, 2022. "Policy and oversight of corporate political activities and the cost of equity capital," Journal of Contemporary Accounting and Economics, Elsevier, vol. 18(2).