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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w30183 |
来源ID | Working Paper 30183 |
The Political Polarization of Corporate America | |
Vyacheslav Fos; Elisabeth Kempf; Margarita Tsoutsoura | |
发表日期 | 2022-06-27 |
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 ; Corporate Finance |
URL | https://www.nber.org/papers/w30183 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587856 |
推荐引用方式 GB/T 7714 | Vyacheslav Fos,Elisabeth Kempf,Margarita Tsoutsoura. The Political Polarization of Corporate America. 2022. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w30183.pdf(494KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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