Arbeitspapier
The Political Polarization of Corporate America
Executive teams in U.S. firms are becoming increasingly partisan. We establish this new fact using political affiliations from voter registration records for top executives of S&P 1500 firms between 2008 and 2020. The new fact is explained by both an increasing share of Republican executives and increased assortative matching by executives on political affiliation. Departures of politically misaligned executives are value-destroying for shareholders, implying the increasing political polarization of corporate America may not be in the financial interest of shareholders.
- Sprache
-
Englisch
- Erschienen in
-
Series: New Working Paper Series ; No. 313
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fos, Vyacheslav
Kempf, Elisabeth
Tsoutsoura, Margarita
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Chicago Booth School of Business, Stigler Center for the Study of the Economy and the State
- (wo)
-
Chicago, IL
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Fos, Vyacheslav
- Kempf, Elisabeth
- Tsoutsoura, Margarita
- University of Chicago Booth School of Business, Stigler Center for the Study of the Economy and the State
Entstanden
- 2021
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