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    Papers & Opinions

    Banking | Corporate finance | Electoral politics | Empirics | Financial markets | Media | Political institutions

    Political Polarization and Finance

    Paper

    Posted on 5 August 2024

    By Elisabeth Kempf

    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 America, the mechanisms through which...
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    Empirics | Financial markets | Media

    The Stock Market’s Response to the Political Affiliation of News Sources

    Paper

    Posted on 7 November 2022

    By Alberto Manconi

    We use the acquisition of Dow Jones & Co. by News Corporation in 2007 to study whether investors respond to a news source’s political affiliation. Following the acquisition, the price...
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    Financial markets | Media

    Friends in Low Places: The Impact of Political Scandals on Connected Firms’ Stock Prices

    Paper

    Posted on 24 October 2022

    By Susanne Preuss

    Having “friends in high places” can bring many benefits. But what happens if these “friends” are involved in shady business dealings, use taxpayer funds to finance lavish offices or vacations,...
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    Empirics | Financial markets | Media

    Corporate Response to the Black Lives Matter Movement

    Paper

    Posted on 30 June 2022

    By AJ Chen

    We investigate determinants that encourage companies to speak out via twitter or their websites in support of Black Lives Matter (BLM) after the death of George Floyd on May 25,...
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    Electoral politics | Media | Regulation

    Finance and Politics: New Insights

    Opinion

    Posted on 4 August 2021

    By Orkun Saka

    A rapidly expanding literature has shown the importance of political economy factors for legislative and regulatory actions in the financial sector and ultimately financial sector stability and efficiency. This column...
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