Job Market Paper

• Recipient of the Michael J. Barclay Young Scholar Award, FRA 2024 Conference

• Analyzing one million corporate assets, I find that assets of politically connected firms are significantly more likely to incur damage during social protests. I further examine how these firms respond to such events. In the aftermath of protests, connected firms insure additional assets, expand coverage on existing policies, and, in some cases, sever political ties by dismissing politician managers.