No Free Lunch After All: Corporate Political Connections and Firms’ Location Choices

The authors thank the senior editor and the participants of the following workshops and conferences for helpful comments: the strategy seminar at the Olin School of Business at Washington University of St. Louis, the Moore School of Business at the University of South Carolina, the Lieberthal-Rogel Center for Chinese Studies at the University of Michigan, the Krannert School of Management at Purdue University, the McDonough School of Business, Georgetown University, the University of Southern California (USC) Marshall O&S seminar, the Academy of Management Annual Conference, the USC Marshall China Research Day, the Strategy and Business Environment Conference, the Society for Institutional and Organizational Economics Annual Conference, and the Annual Conference of the International Center for the Study of Institutions and Development. They also thank Xu Han, Jia Tang, and Zebin Yan for their excellent research assistance. The work related to this paper was done when B. Zhao was a faculty member at the University of Hong Kong. All errors are their own.