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Committee assignments and the value of corporate political connections: evidence from legislators' sudden deaths - Beroc
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Research

20.09.2017

Committee assignments and the value of corporate political connections: evidence from legislators’ sudden deaths

ABSTRACT

We present new causal evidence that political connections to U.S. legislators are valuable for individual firms. We also estimate that almost all of the value generated by connections to the U.S. legislators can be attributed to their influence over and above their formal committee assignments in Congress.

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