Political Investments and the Winner of Government Grants

Hsuan Chu Lin, She Chih Chiu, Hsing Chu Wang

研究成果: Article同行評審

1 引文 斯高帕斯(Scopus)


This paper investigates whether corporate political connections and corporate donations to national-level political campaigns are associated with the allocation of government resources. Based on a sample of Taiwanese publicly held companies, the findings show that political campaign contributions are associated with successful applications for government innovation subsidies as well as more government innovation subsidies. The findings also show that companies that show their loyalty by only donating to the ruling party's candidates in campaigns receive higher amounts of government innovation subsidies than other companies. Overall, the findings provide evidence that political connections through political campaign contributions may affect government's decision for resource allocation.

期刊Review of Pacific Basin Financial Markets and Policies
出版狀態Published - 2023 6月 1

All Science Journal Classification (ASJC) codes

  • 金融
  • 經濟學與計量經濟學


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