Politics
Innovators Respond to Their Presidential Candidate Winning With More Innovation
Does an inventor’s political identity influence their productivity? In a new paper, Joseph Engelberg, Runjing Lu, William Mullins, and Richard Townsend examine the impacts of the 2008 and 2016 United States presidential elections on Democrat and Republican inventors, with a particular focus on the quantity and quality of patents after the country elects a new president.
Survey Highlights Backlash to Increasingly Political Corporate America
A recent poll shows that 71% of Americans view large companies negatively. The change has been driven by Republicans who dislike the rise of...
Bolsonaro’s reelection may become a setback for ESG in Brazil
Social pressures, market forces and elected leaders influence corporate decisions on environmental, social and governance (ESG) issues. Journalist Stephanie Tondo examines the state of...
Voters Still Believe Politics is About the Common Good, Not Just Rent-Seeking
Do voters still believe that politics can be a source for common-good policies and not just partisan bickering and rent-seeking? With political polarization at...
The Understated Relationship Between Market Dominance and Political Influence
A new model explains the feedback loop between monopolies and politicians and the unexpected developments in the relationships between the two, as well as...
How the US Partisan Divide Shapes Global Capital Flows
A new empirical paper explores how partisan perception affects capital allocation beyond national borders, showing that the global investment practices of US institutional investors...
Chart of the Week: Minority Underrepresentation in Local US Politics
ProMarket's first-ever Chart of the Week comes from a new paper that studies the underrepresentation gap of ethnic minorities in local US politics.
In a...
Are American Firms Becoming Politically Polarized?
A new paper examines political polarization among top executives in S&P 1500 firms, highlighting a robust trend toward political polarization in corporate America. This...
The Rise of Business Politicians
Over the last two decades, the share of senior corporate executives holding national political office has increased in the United States as well as...
Who Benefits From Competitive State-Level Legislatures?
A new paper finds that when interparty competition in state legislatures is high, well-connected and influential incumbent firms are best able to take advantage...
