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Tarp Repayment, Lobbying And Political Connectivity, Ian Simmons
Tarp Repayment, Lobbying And Political Connectivity, Ian Simmons
All Graduate Plan B and other Reports, Spring 1920 to Spring 2023
In their paper "Corporate Lobbying, Political Connections, and the Bailout of Banks," Blau, Brough, and Thomas (2012) present significant evidence that firms that engaged in lobbying and maintain political connection with the federal government were more likely to receive funds from the Troubled Asset Relief Program (TARP), received more funds on average, and received the funds earlier than those firms that did not lobby or maintain political connections. These results fit into a large body of work showing similar results showing that lobbying has positive economic benefits to lobbying firms (Chen and Yang, 2010; Cooper and Ovtchinnikov, 2010; Faccio, 2010; …