Business

Firm-level political uncertainty, corporate lobbying and risk-taking

L. Timbate, D. Kim, et al.

This research conducted by Lukas Timbate, Dongil Kim, Dereje Asrat, and Hwang Sungjun explores the intriguing link between political uncertainty specific to firms and their propensity for risk-taking. Remarkably, larger firms and those engaging in substantial lobbying are shown to drive this relationship, with findings consistent across various analyses.

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