...Fatma Ahmed; Basil Al-Najjar Purpose The purpose of the paper is to examine the political connection and foreign directorship of the board of directors of the Bahraini banks on the risk between 2015 and 2019 exploiting the GCC diplomatic crisis as an exogenous shock. Design/methodology/approach...

... political connections on these relations. Design/methodology/approach We employ ordinary least squares (OLS) regressions and interaction terms among variables of interest for the empirical analysis. Findings Green financing decreases with CEO power, implying that CEOs of this country’s financial...

...Hao Fang; Chieh-Hsuan Wang; Joseph C.P. Shieh; Chien-Ping Chung Purpose The authors construct two time-varying political connection (PC) indexes to measure a firm's political tendencies toward ruling and opposing parties and analyze whether a firm with ruling party tendencies obtains better bank...

...Wai-Yan Wong; Chee-Wooi Hooy Purpose This paper investigates the market responses towards four types of politically connected (PCON) firms during two political events – general election and change of leader in Malaysia. Design/methodology/approach The authors capture the market response using...

.../methodology/approach This paper takes a capped barrier option approach to the market valuation of the equity of the bank and the liability of the deposit insurer. The cap demonstrates the dynamics of a politically connected borrowing firm’s asset and highlights the truncated nature of loan payoffs...

...Kian Tek Lee; Chee-Wooi Hooy Purpose The purpose of this paper is to examine whether any specific informal corporate governance mechanisms under consideration in this study, namely, political connection, business group affiliation and ownership concentration, are able to mitigate...