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Political institutions and corporate <span>risk‐taking</span>: International evidence Open

Helen X. H. Bao, Rohan Cardoza · 2023

Tapping into firm‐level accounting data across 90 countries over a 26‐year period, we find that sound political institutions are positively associated with corporate risk‐taking. This result is economically significant, robust to alternati…

Political Institutions and Corporate Risk-Taking: International Evidence Open

Helen X. H. Bao, Rohan Cardoza · 2021