Author Archives: Young Hou

Corporate Political Donations and Firm Value Following the Capitol Riot

By | February 10, 2022

Corporate political action committees (PACs) donate about $300 million to federal political candidates each two-year election cycle. Despite the common perception that corporate donations influence politicians’ behavior, research offers mixed evidence regarding the value of these donations. Some scholars argue that donations are part of a quid pro quo in which politicians reward generous firms… Read More »