Valuing Corporate Governance in Politically Connected Firms: A Study of Thailand.

Sthienchoak, Jananya.


  • Abstract: Thailand underwent intensive corporate governance reforms following the Asian financial crisis making it a good setting to test the joint effects of corporate governance and political connections on firm value. Using data from listed firms in Thailand from 2001 to 2006, this dissertation finds that political connections add value to connected firms... read more
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