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Monday, May 26, 2008

Study: Political Contributions Pay Off for Corporations

Kind of stating the obvious. When you give the legal limit to a bunch of politicians, you aren't looking for good government.
clipped from www.reuters.com

Companies with a board member who has ties to a winning political party enjoy a significant bounce in their share price following an election, according to a study released on Monday.


Share prices also rise after an appointment to the board of a politically connected person, according to the study by the Berlin-based European School of Management and Technology.

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