Using a global database, we examine whether perceived firm influence on policymaking affects the sensitivity of future investment intentions to current growth opportunities. The empirical results indicate that sensitivity increases with political influence, possibly be- cause greater political connections enhance the propensity to invest due to the expected profitability

Impact of the growth opportunities of influential firms on future investment intentions: A cross-country study

Staglianò, Raffaele
Primo
;
2017-01-01

Abstract

Using a global database, we examine whether perceived firm influence on policymaking affects the sensitivity of future investment intentions to current growth opportunities. The empirical results indicate that sensitivity increases with political influence, possibly be- cause greater political connections enhance the propensity to invest due to the expected profitability
2017
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11570/3132431
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