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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP17402 |
DP17402 The Political Polarization of Corporate America | |
Vyacheslav Fos; Elisabeth Kempf; Margarita Tsoutsoura | |
发表日期 | 2022-06-29 |
出版年 | 2022 |
语种 | 英语 |
摘要 | 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. |
主题 | Financial Economics ; Political Economy |
URL | https://cepr.org/publications/dp17402-0 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/546493 |
推荐引用方式 GB/T 7714 | Vyacheslav Fos,Elisabeth Kempf,Margarita Tsoutsoura. DP17402 The Political Polarization of Corporate America. 2022. |
条目包含的文件 | 条目无相关文件。 |
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