https://isiarticles.com/bundles/Article/pre/pdf/41674.pdf

Foreign investors' interests and corporate tax avoidance: Evidence from an emerging economy

Examination of firms in 47 countries shows a widespread overlap of controlling shareholders and top officers who are connected with national parliaments or governments, particularly in countries with higher levels of corruption, with barriers to foreign investment, and with more transparent systems. Connections are diminished when regulations set more limits on official behavior. Additionally, I show that the announcement of a new political connection results in a significant increase in value.

https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID564281_code179428.pdf?abstractid=444960&rulid=5288166&mirid=5

Politically Connected Firms

This article explores the social theory and consequent methodology that underpins studies of transnational migration. First, we propose a social field approach to the study of migration and distinguish between ways of being and ways of belonging in that field. Second, we argue that assimilation and enduring transnational ties are neither incompatible nor binary opposites. Third, we highlight social processes and institutions that are routinely obscured by traditional migration scholarship but that become clear when we use a transnational lens. Finally, we locate our approach to migration research within a larger intellectual project, taken up by scholars of transnational processes in many fields, to rethink and reformulate the concept of society such that it is no longer automatically equated with the boundaries of a single nationstate. Social scientists have long been interested in how immigrants are incorporated into new countries. In Germany and France, scholars’ expectations that foreigners will assimilate is a central piece of public policy. In the United States, immigration scholars initially argued that to move up the socioeconomic ladder, immigrants would have to abandon their unique customs, language, values, and homeland ties and identities. Even when remaining ethnic became more acceptable, most researchers assumed that the importance of homeland ties would eventually fade. To be Italian American or Irish American would ultimately reflect ethnic pride within a multicultural United States rather than enduring relations to an ancestral land. Now scholars increasingly recognize that some migrants and their descendants remain strongly influenced by their continuing ties to their home country or by social networks that stretch across national borders. They see

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Conceptualizing simultaneity: a transnational social field perspective on society

We analyze the likelihood of government bailouts of 450 politically connected firms from 35 countries during 1997‐2002. Politically connected firms are significantly more likely to be bailed out than similar nonconnected firms. Additionally, politically connected firms are disproportionately more likely to be bailed out when the International Monetary Fund or the World Bank provides financial assistance to the firm’s home government. Further, among bailed-out firms, those that are politically connected exhibit significantly worse financial performance than their nonconnected peers at the time of and following the bailout. This evidence suggests that, at least in some countries, political connections influence the allocation of capital through the mechanism of financial assistance when connected companies confront economic distress.

/pdf/political-connections-and-corporate-bailouts-1aoftlgsfy.pdf

Political Connections and Corporate Bailouts

Flexible Citizenship: The Cultural Logics of Transnationality. Aihwa Ong. Durham, NIC: Duke University Press, 1999. ix. 322 pp., notes, bibliography, index.

Flexible Citizenship: The Cultural Logics of Transnationality

1. Defining the parameters 2. The colonial legacy 3. The new economic policy 4. Privatising state assets 5. The 'new rich' 6. Liberalisation after 1990? 7. Politics, policies and patronage Afterword: from economic to political crisis.

Malaysia's Political Economy: Politics, Patronage and Profits

Political business: Corporate involvement of Malaysian political parties

This article argues that better informed insights into the benefits and repercussions of the form of development of East Asian economies could be obtained when the theoretical perspectives from two different bodies of literature are employed collectively. If the concepts from the discipline of political economy – specifically the body of literature dealing with the developmental state now commonly deployed in analyses of East Asian economies – are used in combination with concepts from the literature on business history based on the work of Alfred Chandler, the reasons for the rise and fall of major enterprises in East Asia can be better understood. A case study of enterprise and economic development in Malaysia is presented to substantiate this argument.

The Rise and Fall of Capital: Corporate Malaysia in Historical Perspective

Chinese companies have managed to perform well in Malaysia, especially after the recession in the mid-1980s, due to a clear change in the Malay dominated government's attitude to Chinese capital. Despite the problems that prevail among UMNO politicians, the government has provided a stable economic environment and offers opportunities for domestic private investment, even for the Chinese. Given these circumstances, it does appear that Chinese capital in Malaysia has reasonable prospects for further growth in the immediate future. This study examines the dominant role of Chinese capital in the economy, providing in-depth empirical research on its mode of development and styles of operation. Covering the period from colonial times to the present day this study identifies key issues pertaining to Chinese business operations in Malaysia: ownership and control patterns, style of growth, relations with the state, politicians and other Chinese businessmen, and the manner of development of business abroad, whilst debunking the theory that large-scale Chinese capital is not very entrepreneurial in nature.

Chinese Business in Malaysia: Accumulation, Accommodation and Ascendance

Preface Acknowledgements List of Tables List of Figures List of Contributors Introduction: Political Business in East Asia Edmund Terence Gomez 1. Development and Corruption: The East Asian Paradox Andrew Wedeman 2. Political Business Alliances: The Role of the State and Foreign and Domestic Capital in Economic Development Johannes Dragsbaek Schmidt 3. Political Business in Malaysia: Party Factionalism, Corporate Development and Economic Crisis Edmund Terence Gomez 4. KMT, Inc: Liberalization, Democratization and the Future of Politics in Business Karl Fields 5. State Predation and Rapid Growth: Politicization of Business in China Andrew Wedeman 6. The Political Business of Development in South Korea Peter Ward 7. Politics, Business and Democratization in Indonesia Stefan Eklof 8. Democratization and Economic Crisis in Thailand: Political Business and the Changing Dynamic of the State Tom Wingfield 9. State, Politics and Business in Singapore Stephen Haggard and Linda Low 10. Politics, Business and the Inescapable web of Structural Corruption in Japan James Babb

Edmund Terence Gomez

Papers

Malaysia's Political Economy: Politics, Patronage and Profits

Political business: Corporate involvement of Malaysian political parties

The Rise and Fall of Capital: Corporate Malaysia in Historical Perspective

Chinese Business in Malaysia: Accumulation, Accommodation and Ascendance

Political Business in East Asia