We review an empirical literature that studies how political polarization affects financial
decisions. We first discuss the degree of partisan segregation in finance and corporate …

Using a novel database of firm patents and board characteristics across 45 countries, we
examine both within-and cross-country determinants of board gender diversity and its …

This article reviews existing research on board diversity. What role does diversity of board
members play in board governance, and how does it influence firm behavior and firm value …

One of the fastest-growing areas of finance research is the study of managerial biases and
their implications for firm outcomes. Since the mid-2000s, this strand of behavioral corporate …

Venture capital (VC) backed firms face neither the governance requirements nor a major
separation of ownership and control of their public peers. These differences suggest that …

Executive teams in US 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 …

Executive teams in US 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 …

Abstract Using 9,801 director appointments during 2003–2014, we document the dramatic
impact of connections. Sixty-nine percent of new directors have professional ties to …

This paper analyzes how trading after shareholder meetings changes the composition of the
shareholder base. Analyzing daily trades, we find that mutual funds reduce their holdings if …

We examine whether greater board diversity is associated with more diverse workforce
hiring, equitable pay practices, and inclusive corporate cultures. Using a variety of quasi …