Special interest influence via lobbying is increasingly controversial and legislative efforts to deal with this issue have centred on the principle of transparency. In this paper we evaluate the effectiveness of the current regulatory framework provided by the US Lobbying Disclosure Act (LDA)....

To test for private information leakages from government to corporate executives, we exploitthe 2008-2010 bank bailouts after Lehman's failure using insider trading and political connections.In politically-connected banks, insider buying during the pre-TARP period is associatedwith increases in...

Special interest influence via lobbying is increasingly controversial and legislative efforts to deal with this issue have centered on the principle of transparency. In this paper we evaluate the effectiveness of the current regulatory framework provided by the US Lobbying Disclosure Act (LDA)....