Finance, Forex and Investments

Do Politically Connected Boards Affect Firm Value?

The Indian Rupee depreciates. RBI does not intervene much. A qualified foreign investor is allowed as an individual to now invest directly in stocks. The limit is over and above the FII limit. Swiss banks will not share data before april.... Does this mean that a road is paved for the politicians to bring their money back at high rupee and low stock prices into their favoured and controlled companies?? If this is correct then politically connected stocks will perform. Something to think about and start noticing

Public Comments

1. you make an interesting point