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PACs and Lobbying

This data provide details on PACs and total lobbying expenditures by public firms. The data on PAC contributions and lobbying expenditures is from the Center for Responsive Politics (CRP) data (originally from the Federal Election Commission). OpenSecrets Bulk Data Downloads. PAC contributions are derived from detailed committee and candidate summary contribution files for each election cycle. Unlike lobbying expenditures, PAC contributions are reported by election cycle (i.e., every second year rather than each calendar year). Thus, I aggregate them into total dollar amounts within each firm-fiscal year by checking the dates when the PAC contributions were reported. Since the CRP does not use company identifiers (i.e., GVKEY), I use a fuzzy matching algorithm (please check FuzzyWuzzy library in Python) to match each firm name in the CRP data with the Compustat-CRSP merged database by applying a cutoff of more than 90% similarity in the respective company’s name. Note, I cannot guarantee that the final sample is entirely free of errors.

portfolio

publications

Do not Smear my Reputation: Compromised Directors and Corporate Social Responsibility

with Irina Gazizova

Accounting Institutions and the Value of Corporate Political Activity

with Christopher Bleibtreu, Roland Königsgruber and Susanne Preuss

Demand-driven Corporate Social Responsibility: Symbolic versus Substantive Change after Environmental Disasters

with Juan Manuel Garcia-Lara, Beatriz Garcia Osma and Irina Gazizova

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Accounting Conservatism and the Agency Problems of Overvalued Equity

with Juan Manuel Garcia-Lara and Beatriz Garcia Osma

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Bridging the Gap: A Study of Government Suppliers' Reporting Practices

with Tobias Witter

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Resource Availability and Corporate Social Responsibility: Evidence from Misvalued Equity

with Irina Gazizova

talks

teaching

Fair Value and Valuation

Graduate course from 2021 to 2023, BI Norwegian Business School

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Financial Reporting - General Issues

Graduate course from 2020 to 2023, BI Norwegian Business School

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Financial Accounting and Analysis

Graduate course from 2023 - present, BI Norwegian Business School

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Financial Statement Analysis and Valuation

Graduate course spring 2023, BI Norwegian Business School

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