Access to Obama White House Brought Companies Better Stock Performance, Study Shows

 

In “All the President’s Friends: Political Access and Firm Value,” finance professors outline three ways government meetings may be valuable to companies.

Companies whose executives visited the White House during the Obama administration had their stock prices rise more than normal after the meetings, but underperformed after Donald Trump won the election, a new paper by researchers at the University of Illinois finds….

Source: Access to Obama White House Brought Companies Better Stock Performance, Study Shows – Reason.com

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