Board Rooms Are Becoming More Politically Polarized [Business News Network (BNN) (Canada)]
Walt Disney Company (The) (DIS)
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Source: Business News Network
customers, a new study finds that top executives have become more Republican, and c-suites more ideologically like-minded, over the past decade. The share of Republican executives was 68% in 2020, up from 63% in 2008, according to a study from the National Bureau of Economic Research. The authors also found that in the same period executive teams have become about 8% more politically homogenous at S&P 1500 firms as measured by teams' breakdowns of registered Republicans and Democrats. In short: Where a boardroom may once have been filled by a mix of Democrats and Republicans, it's now more likely to be predominately red or blue. The political stance of corporations and their leadership is more contentious than ever following the Supreme Court's decision to overturn Roe v. Wade. Companies caught in the cross-fire risk social and legal backlash for pledging to provide employees access to out-of-state abortion care. Earlier this year, Florida Governor Ron DeSantis moved to scrap a sp
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DIS
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- 2/7/24 - Beat
DIS
Sec Filings
- 4/17/24 - Form 8-K/A
- 4/9/24 - Form 8-K
- 4/3/24 - Form 8-K
- DIS's page on the SEC website