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Political Influence and the Renegotiation of Government Contracts

Political Influence and the Renegotiation of Government Contracts

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1093_rfs_hhaa093

Political Influence and the Renegotiation of Government Contracts

About this item

Full title

Political Influence and the Renegotiation of Government Contracts

Publisher

Oxford University Press

Journal title

The Review of financial studies, 2021-06, Vol.34 (6), p.3095-3137

Language

English

Formats

Publication information

Publisher

Oxford University Press

More information

Scope and Contents

Contents

This paper provides novel evidence that corporate political influence operates through renegotiations of existing government contracts. Using detailed data on contractual terms and renegotiations around sudden deaths and resignations of local politicians, the estimates show that politically connected firms initially bid low and successfully renegot...

Alternative Titles

Full title

Political Influence and the Renegotiation of Government Contracts

Authors, Artists and Contributors

Identifiers

Primary Identifiers

Record Identifier

TN_cdi_crossref_primary_10_1093_rfs_hhaa093

Permalink

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1093_rfs_hhaa093

Other Identifiers

ISSN

0893-9454

E-ISSN

1465-7368

DOI

10.1093/rfs/hhaa093

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