The Lacuna Project

lacuna (n.) a gap in a record where something should be

Independent research. Not affiliated with any government, agency, or company.

Exhibit 375

The value of the revolving door: Political appointees and the stock market

Exhibit 375 ยท Peer-reviewed article

The value of the revolving door: Political appointees and the stock market

We also find positive abnormal returns for corporate appointments and positive effects of political connections on procurement volume.

Using Senate-confirmed DoD appointees across six administrations, reports positive abnormal stock returns for the firms involved. The abstract also reports positive abnormal returns for corporate appointments and positive effects of political connections on procurement volume.

Source
Simon Luechinger and Christoph Moser, Journal of Public Economics 119: 93-107
Date
2014
Quoted from
Abstract (J Public Econ 119: 93-107), via EconPapers/RePEc
Grade
Peer-reviewed
Document
https://doi.org/10.1016/j.jpubeco.2014.08.001
Accessed
2026-11-09
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