Date of Submission
Campus Only Senior Thesis
Bachelor of Arts
2019 Roma E Forest
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.
Forest, Roma Eliana, "Value of Corporate Political Ties in Southeast Asia" (2019). CMC Senior Theses. 2267.
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.