Boubakri, Narjess; Mansi, Sattar A; Saffar, Walid - In: Journal of International Business Studies 44 (2013) 3, pp. 195-215
We investigate the impact of political institutions on corporate risk-taking. Using a large sample of non-financial firms from 77 countries covering the period from 1988 to 2008, we find that sound political institutions are positively associated with corporate risk-taking, and that this...