Competitive Dynamics in the Political Marketplace: How Donor Firms’ Political Wins Prompt Product-Market Peers to Appoint Politicians to Their Boards

The authors are grateful for the developmental feedback from the anonymous review team led by Olav Sorenson. The authors also extend their thanks to Michael Abebe, Amanda Cowen, Qian (Cecilia) Gu, Ryan Krause, Ilaria Orlandi, and Yue (Maggie) Zhou for their insightful comments on various drafts of this paper. Last, but not least, the authors appreciate the engaging discussions with seminar participants at Peking University, Sun Yat-sen University, Tongji University, and Zhejiang University. The authors contributed equally and are listed in reverse alphabetical order.