The results are robust to industry and time controls, as well as various tests that consider an alternative explanation focusing on political influence.The second essay (Chapter 3) explores the effect of CEO ability on the structure and level of compensation contracts. I find that CEO ability is...
First, we establish a new dataset consisting of the political donations made by the CEOs of publicly traded firms during the U.S. election cycles from 2000 to Acknowledgment We want to thank Will Hippler for suggestions and comments and editorial help. We also thank the reviewer for ...
Political bodies may extract corporate resources (e.g., through requiring corporate donations or demanding that employees vote for their political parties or political candidates). Also, directors may use their political ties to gain (e.g. through winning the procurement of the government’s ...
Examples: Common examples of improper relationships may include: close personal relationships between officers and directors, personal loans from the corporation to officers or directors, improper use of corporate assets, misallocation of corporate funds, corporate donations to political activities, etc. ...
It's forbidden to use charitable contributions and donations to disguise corrupt activities. Effective measures must be taken to ensure transparency and legitimacy in making charitable contributions and donations. Huawei does not directly or indirectly participate in the political activities of any political...
Outline Highlights Abstract Keywords 1. Introduction 2. The Varieties of Populism and Their Impact on Business 3. The Idea of Corporate Political Obligations 4. How do businesses react? 5. Conclusion ReferencesShow full outline Cited by (8) Figures (1) Tables (2) Table 1 Table 2...
2) HTC and its personnel shall make political contributions in accordance with the Political Contributions Law and shall not use them to obtain commercial benefits or trading advantages; 3) HTC shall provide charitable donations or sponsorships in accordance with its internal regulations; 4) Direct...
We build on these prior studies, which document an overall relation between firm characteristics and their total political spending, by focusing on the degree of alignment between firms' sociopolitical claims and their political donations, i.e., politicians to whom they do and do not donate.3 ...
"The complete ban both is over-inclusive to this aim and artificially disadvantages political party and candidate committees. It is over-inclusive because it bans all corporate donations without regard to the ability of corporate donors to attribute their donations to individuals. It artificially disadv...
firms whose owners have political titles(deputy of People's Congress or People's Political Consultative Committee) or act as members of local industrial organizations(industry associations or National Industry and Commercial Association) are more likely to donate and donate more to charities.However,...