Matches in SemOpenAlex for { <https://semopenalex.org/work/W3164750218> ?p ?o ?g. }
Showing items 1 to 85 of
85
with 100 items per page.
- W3164750218 abstract "This study investigates the effects of firm-level political risk on corporate investments and operating efficiencies for industrially diversified and focused firms. Using firm-level political risk data from Hassan et al.(2019), we document that both political risk and diversification lead to reduced corporate investments and profitability. However, diversified firms are better able than focused firms in mitigating idiosyncratic political risk. We provide extensive evidence that diversified firms accomplish this feat via efficient use of the internal capital market that allows segments to alleviate the adverse effects of political uncertainty. Diversification increases investment relative to focused firms during the period of high economic uncertainties. When exposed to political risk, diversified firms do not spend more on lobbying and political donations than the focused firms in the subsequent period, implying that diversified firms do not manage political risk politically. Our main findings are robust to a battery of endogeneity tests and sensitivity measures." @default.
- W3164750218 created "2021-06-07" @default.
- W3164750218 creator A5001446777 @default.
- W3164750218 creator A5017424262 @default.
- W3164750218 creator A5049133459 @default.
- W3164750218 date "2020-01-01" @default.
- W3164750218 modified "2023-09-27" @default.
- W3164750218 title "Does Corporate Diversification Retrench the Effects of Firm-Level Political Risk?" @default.
- W3164750218 cites W1541062001 @default.
- W3164750218 cites W1987936802 @default.
- W3164750218 cites W2049324641 @default.
- W3164750218 cites W2054467010 @default.
- W3164750218 cites W2057785092 @default.
- W3164750218 cites W2070414465 @default.
- W3164750218 cites W2093115878 @default.
- W3164750218 cites W2160115498 @default.
- W3164750218 cites W2161127984 @default.
- W3164750218 cites W2161396198 @default.
- W3164750218 cites W2162532730 @default.
- W3164750218 cites W2323624215 @default.
- W3164750218 cites W2334246538 @default.
- W3164750218 cites W2556256657 @default.
- W3164750218 cites W2788788274 @default.
- W3164750218 cites W2948896946 @default.
- W3164750218 cites W2970932027 @default.
- W3164750218 cites W3023311111 @default.
- W3164750218 cites W3122079933 @default.
- W3164750218 cites W3122525391 @default.
- W3164750218 cites W3122814987 @default.
- W3164750218 cites W3123110761 @default.
- W3164750218 cites W3123381202 @default.
- W3164750218 cites W3124820828 @default.
- W3164750218 cites W3126107683 @default.
- W3164750218 cites W4214483374 @default.
- W3164750218 cites W4214858692 @default.
- W3164750218 cites W4235104060 @default.
- W3164750218 cites W4250556115 @default.
- W3164750218 doi "https://doi.org/10.2139/ssrn.3629661" @default.
- W3164750218 hasPublicationYear "2020" @default.
- W3164750218 type Work @default.
- W3164750218 sameAs 3164750218 @default.
- W3164750218 citedByCount "0" @default.
- W3164750218 crossrefType "journal-article" @default.
- W3164750218 hasAuthorship W3164750218A5001446777 @default.
- W3164750218 hasAuthorship W3164750218A5017424262 @default.
- W3164750218 hasAuthorship W3164750218A5049133459 @default.
- W3164750218 hasConcept C10138342 @default.
- W3164750218 hasConcept C144133560 @default.
- W3164750218 hasConcept C162853370 @default.
- W3164750218 hasConcept C17744445 @default.
- W3164750218 hasConcept C180916674 @default.
- W3164750218 hasConcept C199539241 @default.
- W3164750218 hasConcept C39389867 @default.
- W3164750218 hasConcept C63143784 @default.
- W3164750218 hasConcept C73283319 @default.
- W3164750218 hasConcept C80212096 @default.
- W3164750218 hasConcept C94625758 @default.
- W3164750218 hasConceptScore W3164750218C10138342 @default.
- W3164750218 hasConceptScore W3164750218C144133560 @default.
- W3164750218 hasConceptScore W3164750218C162853370 @default.
- W3164750218 hasConceptScore W3164750218C17744445 @default.
- W3164750218 hasConceptScore W3164750218C180916674 @default.
- W3164750218 hasConceptScore W3164750218C199539241 @default.
- W3164750218 hasConceptScore W3164750218C39389867 @default.
- W3164750218 hasConceptScore W3164750218C63143784 @default.
- W3164750218 hasConceptScore W3164750218C73283319 @default.
- W3164750218 hasConceptScore W3164750218C80212096 @default.
- W3164750218 hasConceptScore W3164750218C94625758 @default.
- W3164750218 hasLocation W31647502181 @default.
- W3164750218 hasOpenAccess W3164750218 @default.
- W3164750218 hasPrimaryLocation W31647502181 @default.
- W3164750218 hasRelatedWork W2109830012 @default.
- W3164750218 hasRelatedWork W2188344324 @default.
- W3164750218 hasRelatedWork W2211903881 @default.
- W3164750218 hasRelatedWork W2268640927 @default.
- W3164750218 hasRelatedWork W2572577858 @default.
- W3164750218 hasRelatedWork W2787618193 @default.
- W3164750218 hasRelatedWork W3121380175 @default.
- W3164750218 hasRelatedWork W3122747890 @default.
- W3164750218 hasRelatedWork W3123862212 @default.
- W3164750218 hasRelatedWork W3193619216 @default.
- W3164750218 isParatext "false" @default.
- W3164750218 isRetracted "false" @default.
- W3164750218 magId "3164750218" @default.
- W3164750218 workType "article" @default.