Investing in Influence: Investors, portfolio firms, and political giving

This package contains the replication file, which includes data sets obtained from public databases, for the paper titled "Investing in Influence: Investors, Portfolio Firms, and Political Giving." Additionally, we provide information on other purchasable databases necessary for replicating the results of this study. The subfolder "Part1_DataCleaning" contains the codes and public data sets required to construct the data sets that are needed for the empirical analysis. The subsequent subfolder, "Part2_DataAnalysis," includes the codes used to generate the empirical results presented in the paper. A readme file is included to provide further details, along with comments within the codes and various folders for enhanced clarity. We also include the list of data sets that need to be purchased in order to be able to run the codes in the subfolder "Part1_DataCleaning". Most of the codes were executed using SAS, Stata, WRDS SAS Studio, and Python. Due to the computational complexity involved and the large size of data sets utilised in the study, the majority of the codes were executed on servers equipped with at least 512 GB of RAM and at least 1.5 terabytes of free space.