A Study of Impact Mechanism of Political Connection on Enterprise Performance Based On the Perspective of Agency Theory

Abstract

Rabia Najaf

The crucial role of every firm to enhance the profit and make a good reputation in the corporate world. All the previous evidence elucidates prove that political connections have the main role to eradicate the market competition and speculations. These are considered are known as a dominant player in the area of business. Most of the researchers argue that these are degree of the intense growth of corporations. Arguably, it is the unique opportunity to raise capital of the corporations. All these evidence prove that political connections are considered unanimously support for increasing the performance. Prior researchers prove that it is most conspicuously way to forgo enhance the progress. They can gain the lucrative contracts to enhance the firms. Sometime, it is a glimmer of hope that in future, these will be more beneficial rather than others peer.

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