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Introduction:

Corporate political connections have become a prevalent topic of interest in the field of corporate governance and finance. The relationship between a firm’s political connections and its value has been the subject of numerous studies, with conflicting findings on whether such connections are beneficial or detrimental to firm performance. This thesis aims to contribute to the understanding of this relationship by exploring how corporate political connections impact firm value.

Chapter 1: Introduction
1.1 Introduction
1.2 Background of study
1.3 Problem Statement
1.4 Objective of study
1.5 Limitation of study
1.6 Scope of study
1.7 Significance of study
1.8 Structure of the Thesis
1.9 Definition of terms

Chapter 2: Literature Review
2.1 Theoretical framework of corporate political connections
2.2 Empirical evidence on the impact of political connections on firm value
2.3 Types of political connections
2.4 Mechanisms through which political connections affect firm value
2.5 Agency problems related to political connections
2.6 Political connections and firm risk
2.7 Political connections and firm performance
2.8 Political connections and corporate governance
2.9 Political connections and firm innovation
2.10 Summary of literature review

Chapter 3: Research Methodology
3.1 Research design
3.2 Data collection methods
3.3 Sample selection
3.4 Variable measurement
3.5 Data analysis techniques
3.6 Control variables
3.7 Model specification
3.8 Hypothesis development
3.9 Data limitations
3.10 Ethical considerations

Chapter 4: Discussion of Findings
4.1 Descriptive statistics
4.2 Correlation analysis
4.3 Regression results
4.4 Robustness tests
4.5 Interpretation of results
4.6 Comparison with previous studies
4.7 Implications for theory and practice
4.8 Limitations of the study
4.9 Future research directions

Chapter 5: Conclusion and Summary
5.1 Summary of findings
5.2 Contributions to the literature
5.3 Practical implications
5.4 Policy recommendations
5.5 Conclusion

Thesis Overview:

Corporate political connections have increasingly been recognized as a significant factor influencing firm value. This thesis aims to examine the impact of political connections on firm value, considering both the potential benefits and drawbacks of such connections. The literature review will provide a comprehensive overview of existing studies on this topic, while the research methodology will outline the approach taken to analyze the data and test the hypotheses. The discussion of findings will present the results of the empirical analysis and their implications for theory and practice. Overall, this thesis seeks to contribute to the understanding of the complex relationship between corporate political connections and firm value.

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