Political Connection and Firm Performance: Allowable Theories and a Review of Literature

Abstract

Purpose: The purpose of this literature review is to accumulate the theories applicable in political connection research and also to analyze previous literature to identify the relationship between political connection and firm performance. This study also shows how political connection can affect an emerging economy like Bangladesh.

Methodology: This is a desktop-based study. To achieve the purpose of this literature review 32 papers have been rigorously analyzed. Two terms “Political connection” and “Firm performance” have been used to search the relevant papers.

Novelty: This literature review will help to understand the various impact of political connection on firm performance and also to understand the applicable theories associated with political connection research.

Keywords: Political Connection, firm performance, theories, literature review

JEL Classification: G32