{"id":"https://openalex.org/W2980945838","doi":"https://doi.org/10.1111/ajps.12480","title":"The Political Importance of Financial Performance","display_name":"The Political Importance of Financial Performance","publication_year":2019,"publication_date":"2019-10-15","ids":{"openalex":"https://openalex.org/W2980945838","doi":"https://doi.org/10.1111/ajps.12480","mag":"2980945838"},"language":"en","primary_location":{"id":"doi:10.1111/ajps.12480","doi":"https://doi.org/10.1111/ajps.12480","is_oa":false,"landing_page_url":"https://doi.org/10.1111/ajps.12480","pdf_url":null,"source":{"id":"https://openalex.org/S90314269","display_name":"American Journal of Political Science","issn_l":"0092-5853","issn":["0092-5853","1540-5907"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"American Journal of Political Science","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5062729568","display_name":"Amy Pond","orcid":"https://orcid.org/0000-0002-6908-2791","observed_orcids":["https://orcid.org/0000-0002-6908-2791"]},"institutions":[{"id":"https://openalex.org/I91045830","display_name":"Texas A&M University","ror":"https://ror.org/01f5ytq51","country_code":"US","type":"education","lineage":["https://openalex.org/I91045830"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Amy Pond","raw_affiliation_strings":["Texas A&amp;M University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Texas A&amp;M University","institution_ids":["https://openalex.org/I91045830"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5071934726","display_name":"Christina Zafeiridou","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4210114372","display_name":"Cornerstone Research Group (United States)","ror":"https://ror.org/020rxjn58","country_code":"US","type":"company","lineage":["https://openalex.org/I4210114372"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Christina Zafeiridou","raw_affiliation_strings":["Cornerstone Research"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Cornerstone Research","institution_ids":["https://openalex.org/I4210114372"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":{"value":3300,"currency":"USD","value_usd":3300},"apc_paid":null,"fwci":7.0159,"has_fulltext":false,"cited_by_count":25,"citation_normalized_percentile":{"value":0.96433498,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"64","issue":"1","first_page":"152","last_page":"168"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11508","display_name":"Corporate Taxation and Avoidance","score":0.7544000148773193,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11508","display_name":"Corporate Taxation and Avoidance","score":0.7544000148773193,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11621","display_name":"Fiscal Policies and Political Economy","score":0.049400001764297485,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13042","display_name":"Economic and Fiscal Studies","score":0.03739999979734421,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/financial-performance","display_name":"financial performance","score":0.5529999732971191},{"id":"https://openalex.org/keywords/taxation","display_name":"taxation","score":0.5640000104904175},{"id":"https://openalex.org/keywords/financialization","display_name":"financialization","score":0.7260000109672546},{"id":"https://openalex.org/keywords/listed-companies","display_name":"listed companies","score":0.640999972820282},{"id":"https://openalex.org/keywords/shareholder-value","display_name":"shareholder value","score":0.593999981880188},{"id":"https://openalex.org/keywords/political-incentives","display_name":"political incentives","score":0.5040000081062317},{"id":"https://openalex.org/keywords/stock-market-participation","display_name":"stock market participation","score":0.8009999990463257},{"id":"https://openalex.org/keywords/democratic-institutions","display_name":"democratic institutions","score":0.8169999718666077},{"id":"https://openalex.org/keywords/policy-autonomy","display_name":"policy autonomy","score":0.7860000133514404},{"id":"https://openalex.org/keywords/corporate-ownership","display_name":"corporate ownership","score":0.9890000224113464},{"id":"https://openalex.org/keywords/economic-voting","display_name":"economic voting","score":0.9679999947547913}],"concepts":[{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.6129560470581055},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.5920029282569885},{"id":"https://openalex.org/C520049643","wikidata":"https://www.wikidata.org/wiki/Q189760","display_name":"Voting","level":3,"score":0.5853217840194702},{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.5583126544952393},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5246531963348389},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.49237287044525146},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.4345018267631531},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.4137047529220581},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3931201696395874},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3406599760055542},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.30676671862602234},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.2651064395904541},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1111/ajps.12480","doi":"https://doi.org/10.1111/ajps.12480","is_oa":false,"landing_page_url":"https://doi.org/10.1111/ajps.12480","pdf_url":null,"source":{"id":"https://openalex.org/S90314269","display_name":"American Journal of Political Science","issn_l":"0092-5853","issn":["0092-5853","1540-5907"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"American Journal of Political Science","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.5473999977111816,"display_name":"Peace, justice, and strong institutions","id":"https://metadata.un.org/sdg/16"}],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":64,"referenced_works":["https://openalex.org/W1480095623","https://openalex.org/W1483106487","https://openalex.org/W1532610083","https://openalex.org/W1535643370","https://openalex.org/W1583921062","https://openalex.org/W1823439115","https://openalex.org/W1871238028","https://openalex.org/W1966770423","https://openalex.org/W1967877710","https://openalex.org/W1989030876","https://openalex.org/W2002470573","https://openalex.org/W2044948141","https://openalex.org/W2045561372","https://openalex.org/W2054532278","https://openalex.org/W2071715000","https://openalex.org/W2082517482","https://openalex.org/W2097838560","https://openalex.org/W2097908050","https://openalex.org/W2100491433","https://openalex.org/W2105000800","https://openalex.org/W2115949237","https://openalex.org/W2119644075","https://openalex.org/W2127409878","https://openalex.org/W2128064515","https://openalex.org/W2129682298","https://openalex.org/W2143616263","https://openalex.org/W2143712359","https://openalex.org/W2162012454","https://openalex.org/W2164196847","https://openalex.org/W2169071529","https://openalex.org/W2189268845","https://openalex.org/W2215737744","https://openalex.org/W2319930942","https://openalex.org/W2329103711","https://openalex.org/W2334862275","https://openalex.org/W2588941909","https://openalex.org/W2600463704","https://openalex.org/W2605697799","https://openalex.org/W2775042344","https://openalex.org/W2789354268","https://openalex.org/W2799294677","https://openalex.org/W2884293592","https://openalex.org/W2890094193","https://openalex.org/W2895951491","https://openalex.org/W2900122293","https://openalex.org/W2951326825","https://openalex.org/W2951613157","https://openalex.org/W2996621672","https://openalex.org/W3020877949","https://openalex.org/W3121227072","https://openalex.org/W3121892825","https://openalex.org/W3121905422","https://openalex.org/W3122698708","https://openalex.org/W3122778615","https://openalex.org/W3123035427","https://openalex.org/W3123991599","https://openalex.org/W3124963659","https://openalex.org/W3125036249","https://openalex.org/W4237168648","https://openalex.org/W4250664656","https://openalex.org/W4292908603","https://openalex.org/W4298377943","https://openalex.org/W4298413470","https://openalex.org/W4391965190"],"related_works":["https://openalex.org/W4296784791","https://openalex.org/W4324150378","https://openalex.org/W4383823190","https://openalex.org/W7070958768","https://openalex.org/W2767119269","https://openalex.org/W4308192518","https://openalex.org/W3121467157","https://openalex.org/W4411989796","https://openalex.org/W2473794521","https://openalex.org/W3210913687"],"abstract_inverted_index":{"Abstract":[0],"Asset":[1],"mobility":[2],"is":[3],"thought":[4],"to":[5,45,90,106],"constrain":[6],"taxation,":[7],"as":[8,68],"firms":[9,53,95],"with":[10,24,54],"mobile":[11],"assets":[12,19,26,57,74,109],"can":[13,110],"avoid":[14],"taxation":[15],"by":[16],"locating":[17],"their":[18,88],"in":[20,61,86,120],"low\u2010tax":[21],"jurisdictions.":[22],"Firms":[23],"immobile":[25,49,55,108],"then":[27],"face":[28],"higher":[29],"taxes.":[30],"By":[31],"considering":[32],"the":[33,46,104,121,136,139],"political":[34,126,129],"incentives":[35],"that":[36,71,117],"accompany":[37],"widespread":[38],"financialization,":[39],"we":[40],"identify":[41],"a":[42],"new":[43],"limit":[44],"targeting":[47],"of":[48,138],"firms:":[50],"Publicly":[51],"traded":[52,94],"underlying":[56,73],"lose":[58],"more":[59],"value":[60],"financial":[62,100,132],"markets":[63],"when":[64],"taxes":[65],"are":[66],"increased,":[67],"shareholders":[69],"anticipate":[70],"these":[72],"cannot":[75],"be":[76,111],"withheld":[77],"from":[78],"taxation.":[79,114],"When":[80],"governments":[81],"care":[82],"about":[83],"this":[84],"loss":[85],"value,":[87],"incentive":[89],"tax":[91],"immobile,":[92],"publicly":[93],"declines.":[96],"Political":[97],"concern":[98,130],"for":[99,113,131,143],"performance":[101],"therefore":[102],"limits":[103],"extent":[105],"which":[107],"targeted":[112],"We":[115,134],"argue":[116],"broad\u2010based":[118],"participation":[119],"stock":[122],"market":[123],"and":[124,141,148],"democratic":[125],"institutions":[127],"increase":[128],"performance.":[133],"discuss":[135],"implications":[137],"theory":[140],"findings":[142],"policy":[144],"autonomy,":[145],"firm":[146],"ownership,":[147],"economic":[149],"voting.":[150]},"counts_by_year":[{"year":2026,"cited_by_count":3},{"year":2025,"cited_by_count":5},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":6},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":1}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2019-10-25T00:00:00"}
