most citedThe financial value of the within-government political network: Evidence from Chinese municipal corporate bonds

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q-fin.GN2022★ 7 cited

The financial value of the within-government political network: Evidence from Chinese municipal corporate bonds

Jaehyuk Choi, Lei Lu, Heungju Park +1

This paper examines the effect of the political network of Chinese municipal leaders on the pricing of municipal corporate bonds. Using municipal leaders' working experience to mea…