The negative effects of powerful political connections
SMU Office of Research and Tech Transfer - One of the motivations for the recently published Journal of Accounting Research paper "Politically Connected Governments" was the daily experience with the subway system in New York City.
The author of the paper, SMU Assistant Professor of Accounting Kim Jungbae, told the Office of Research & Tech Transferthe research question for the paper which examines the consequences of powerful political connections for local governments, was inspired by the New York Times article "The Most Expensive Mile of Subway Track on Earth" (January 24, 2018).
"The article suggests that the NYC subway system is ...















