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Are politicians allowed to own stocks? 

Stock (geology)
Risk aversion
Shareholder
Investment decisions
Stock market

Answers from top 9 papers

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Papers (9)Insight
Journal Article•DOI
Taxes and dividend clientele: Evidence from trading and ownership structure
Yi-Tsung Lee, Yu-Jane Liu, Richard Roll, Avanidhar Subrahmanyam 
01 Jan 2006-Journal of Banking and Finance
56 Citations
Agents subject to high rates of taxation on dividends tend to hold stocks with lower dividends and sell (buy) stocks that raise (lower) dividends.
Open access•Journal Article•DOI
Shareholder Ownership and Primacy
Julian Velasco
01 Jan 2010-Social Science Research Network
15 Citations
Most people - not just the public and the media, but also politicians, and even bureaucrats and the courts - seem to believe that the shareholders do, in fact, own corporations.
Journal Article•DOI
The Role of Stock Ownership by US Members of Congress on the Market for Political Favors
Ahmed Tahoun
28 Feb 2011-Social Science Research Network
167 Citations
When politicians divest stocks, firms discontinue contributions to the politicians, lose future contracts, and perform poorly.
Journal Article•DOI
Stock Market Aversion? Political Preferences and Stock Market Participation
Markku Kaustia, Sami Torstila 
26 Mar 2010-Social Science Research Network
152 Citations
We find that left-wing voters and politicians are less likely to invest in stocks, controlling for income, wealth, education, and other relevant factors.
Journal Article•DOI
Shirking and sorting in a political market with finite-lived politicians
John R. LottJr., W. Robert Reed 
01 Apr 1989-Public Choice
104 Citations
Political markets eventually sort out those politicians with significantly deviant policy preferences, potentially providing a solution to the last period problem and enabling politicians to make credible commitments.
Open access•Posted Content
Improve Board Effectiveness: The Need for Incentives
Wei Shen
13 Mar 2005-Social Science Research Network
65 Citations
It then proposes that, for non-executive directors to develop the attitudes and behaviors recommended by Roberts, McNulty and Stiles, it is important to require them own a significant amount of company stocks over a long period of time.
Open access•Journal Article
Who Holds Foreign Stocks and Bonds? Characteristics of Active Investors in Foreign Securities
Vladyslav Kyrychenko, Pauline Shum 
01 Apr 2009-Financial Services Review
29 Citations
One may argue, however, that not all foreign stocks are available to a domestic investor.
Journal Article•DOI
Stock Market Aversion? Political Preferences and Stock Market Participation
Markku Kaustia, Sami Torstila 
26 Mar 2010-Social Science Research Network
152 Citations
A moderate left voter is 17-20% less likely to own stocks than a moderate right voter.
Journal Article•DOI
Behavioral biases of informed traders: Evidence from insider trading on the 52-week high
Eunju Lee, Natalia Scotto Piqueira 
01 Jun 2019-Journal of Empirical Finance
14 Citations
Similarly, when stock prices are far from the 52-week highs, they are willing to buy stocks instead of selling them.

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