New study links political connections to corporate corruption

While most citizens recognize that corruption is "bad," the average citizen is unaware of the benefits enjoyed by politically connected firms, or how common government favors are worldwide. In the U.S., many citizens were outraged at the provision and size of bailouts for "too big to fail" banks. A new study from the journal Financial Management claims that not only does corruption exist in the corporate world, but that political connections are extremely important for corporate success.

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