{"id":1537641,"date":"2022-07-03T20:04:13","date_gmt":"2022-07-04T00:04:13","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1537641"},"modified":"2022-07-03T20:04:16","modified_gmt":"2022-07-04T00:04:16","slug":"political-polarization-worsens-in-corporate-america-new-study","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/political-polarization-worsens-in-corporate-america-new-study\/","title":{"rendered":"Political Polarization Worsens in Corporate America: New Study"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpolitical-polarization-worsens-in-corporate-america-new-study%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1537641&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Executive teams of large U.S. <a href=\"https:\/\/www.theepochtimes.com\/t-corporations\">corporations<\/a> are becoming increasingly partisan, resulting in \u201ca <a href=\"https:\/\/www.theepochtimes.com\/t-political-polarization\">political polarization<\/a> of corporate America,\u201d according to a new study from the National Bureau of Economic Research.\u00a0This polarization has implications for the\u00a0values of firms as well, the study found.<\/p>\n<p>While workplace <a href=\"https:\/\/www.theepochtimes.com\/t-diversity\">diversity<\/a> in recent years has received a lot of attention, particularly in relation to gender and color, political diversity is clearly moving in the opposite direction.<\/p>\n<p>Historically, the workplace has been more politically diverse, offering opportunity for cross-party relationships compared to other settings, such as the family, neighborhood, or voluntary organizations.<\/p>\n<p>But it\u2019s no longer the case at the corporate leadership level, according to researchers from Boston College, University of Chicago, and Cornell University. They conducted their <a href=\"https:\/\/www.nber.org\/papers\/w30183\">study<\/a> by analyzing voter registration records for senior executives at S&#038;P 1500 companies between 2008 and 2020.<\/p>\n<p>In contrast to previous studies, the new study argues that voter registration data, rather than political contributions, is more reliable for inferring political preferences of executives.<\/p>\n<p>Partisanship is defined by the researchers as the extent to which a single political party dominates political views within the same executive team. And they found that over the years, C-suites of public U.S. firms are increasingly dominated by one political party.<\/p>\n<p>\u201cMore specifically, our measure of partisanship is the probability that two randomly drawn executives are affiliated with the same political party. We find a 7.7-percentage-point increase in the partisanship of executive teams over our sample period,\u201d they wrote in a paper.<\/p>\n<p>The rise in partisanship is mostly a result of executives\u2019 increasing tendency to associate with those who share their political beliefs, according to the authors.<\/p>\n<p>\u201cOur results show executives who share the same political party are 34% more likely to work in the same firm,\u201d they wrote.<\/p>\n<p> Most Business Leaders Vote Republican <\/p>\n<p>The study<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Executive teams of large U.S. corporations are becoming increasingly partisan, resulting in \u201ca political polarization of corporate America,\u201d according to a new study from the National Bureau of Economic Research.\u00a0This polarization has implications for the\u00a0values of firms as well, the study found. While workplace diversity in recent years has received a lot of attention, particularly [\u2026]<\/p>\n","protected":false},"author":531,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1537641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1537641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/531"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1537641"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1537641\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1537641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1537641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1537641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}