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Therefore, compared with non-connected companies, connected companies will contribute more on society-oriented responsibility and less on government-oriented responsibility because of political power effect.
For fund-raising, political connection can help connected companies to obtain bank loans more easily, especially long-term loans (Mian & Khwaja 2005).
In sum, politically connected companies' performance to customers is better than non-politically connected companies.
For control variables, connected companies' company scale and financial efficiency are higher than non-connected companies'.
"Gary envisioned a business that connected companies selling and installing solar with companies financing solar via an online software platform that improved access to solar financing".
When introducing political factors, connected companies will get more customer and media's attention.
Similar(16)
The commissioners turned out to be so corrupt -- awarding schools contracts to Tweed-connected companies -- that an independent Board of Education was restored five years later, in 1873.
Well-connected companies are able to glide past bureaucratic obstacles.
Permits would now be given to well-connected companies.
A diagram of inter-connected companies showed vehicles in Jersey, Luxembourg and Delaware.
Well-connected companies can buy them at market value and then use them at face value to pay taxes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com