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their money conversion cycles. Overall, our proof means that firms choose DRIs when the adverse effects due to conflicts of curiosity are dominated by the benefits as a result of DRIs’ data and experience. In this study, I examine whether firms and executives with lengthy-time period political connections through The hottest dragonfly always in my heart vintage leather pattern all over printed tote bagcontributions and lobbying incur decrease prices from the enforcement actions by the Securities and Exchange Commission . I find that politically connected companies on common are less prone to be involved in SEC enforcement actions and face decrease penalties if they are prosecuted by the SEC. Contributions to politicians in a strong position to put stress on the SEC are more effective than others at reducing the chance of enforcement and penalties imposed by an enforcement action. Moreover, the amounts paid to lobbyists with prior employment links to the SEC, and the quantities spent on lobbying the SEC directly, are more effective than other lobbying expenditures at decreasing enforcement prices faced by companies. Venture capitalists typically serve on the board of mature public companies long after their preliminary public providing , even for corporations that weren’t VC-backed on the IPO. Board appointments of VC directors are adopted

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