Graduation Year
2019
Date of Submission
4-2019
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Eric Hughson
Terms of Use & License Information
Rights Information
2019 Roma E Forest
Abstract
Utilizing the random effects model and Faccio (2010)’s methodology for classifying political connections, I find that politically connected Southeast Asian firms tend to have higher taxes and accounting performance than non-politically connected firms. The type of connection matters, with state-ownership producing the strongest benefits for market share. Contingent country-level variables, such as the economy, corruption, and the legal environment, also influence the value of corporate political ties. I find that Faccio (2010)’s results are likely more economically important than mine, even when controlling for the panel data effect.
Recommended Citation
Forest, Roma Eliana, "Value of Corporate Political Ties in Southeast Asia" (2019). CMC Senior Theses. 2267.
https://scholarship.claremont.edu/cmc_theses/2267
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.
