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Does Political Affiliation Matter On Post-Parliamentary Careers In The Boards Of Public Enterprises?

Author

Listed:
  • Federico Quaresima

    () (Universita' Politecnica delle Marche, Dipartimento di Scienze Economiche e Sociali)

  • Fabio Fiorillo

    () (Universita' Politecnica delle Marche, Dipartimento di Scienze Economiche e Sociali)

  • Raffaella Santolini

    () (Universita' Politecnica delle Marche, Dipartimento di Scienze Economiche e Sociali)

Abstract

Research on post-parliamentary careers has so far neglected the effect of political affiliation on the appointment of ex-members of Parliament to public firms boards of director. This article intends to fill this gap by conducting an empirical analysis on a sample of 1,419 deputies of Italian Parliament elected over the period 1994-2001. The regression discontinuity estimates show that the probability of being appointed to the board of public enterprises of center-left ex-deputies is about 15 percentage points higher than that of center-right ex-deputies. This result brings to light the politicization of Italian public firms, put in place through the appointment of ex-deputies in managerial positions.

Suggested Citation

  • Federico Quaresima & Fabio Fiorillo & Raffaella Santolini, 2018. "Does Political Affiliation Matter On Post-Parliamentary Careers In The Boards Of Public Enterprises?," Working Papers 429, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
  • Handle: RePEc:anc:wpaper:429
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    File URL: http://docs.dises.univpm.it/web/quaderni/pdf/429.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    party affiliation; political appointment; public enterprises; regression discontinuity design; Italy;

    JEL classification:

    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • H82 - Public Economics - - Miscellaneous Issues - - - Governmental Property
    • J45 - Labor and Demographic Economics - - Particular Labor Markets - - - Public Sector Labor Markets
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises

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