Executives in Politics

The authors thank Gustavo Manso (the editor), an anonymous associate editor, three anonymous referees, Pat Akey, Heitor Almeida, Jonathan Brogaard, Michael Cooper, Andy Eggers, Itay Goldstein, Nandini Gupta, Diana Henriques, Alexander Hertel-Fernandez, Candace Jens, Steve Kaplan, Christopher Malloy, Ronald Masulis, John Matsusaka, Harold Contreras Muñoz, Alexei Ovtchinnikov, Abraham Ravid, Paola Sapienza, Martin Schmalz, Antoinette Schoar, Florian Schulz, Rik Sen, Philip Strahan, Ed Van Wesep, Bernie Yeung, seminar participants at the BI Norwegian Business School, Chinese University of Hong Kong Shenzhen, Florida State University, Fudan University, Imperial College London, Temple University, University of Amsterdam, University of Graz, University of New South Wales, University of Utah, and participants at the 2019 Finance Down Under Conference, 2019 The Financial Intermediation Research Society Conference, 2018 Society for Financial Studies Cavalcade, 2018 Santiago Finance Workshop, 2018 European Finance Association meeting in Warsaw, 2018 Conference on Corporate Political Engagement in Europe and the United States at Oxford University, and 2018 Tel Aviv University Finance conference for useful comments. Giorgia Albertini, Fangfang Du, Andres Vargas Nava, Tingquan Pan, Zachary White, and especially Karolus Sariola provided invaluable research assistance.