The elephant (and the donkey) in the boardroom
Politically conservative boards pay CEOs more and tie compensation more closely to performance, write Abhinav Gupta and Adam Wowak.
Firms governed by politically conservative boards of directors pay their CEOs more money than do firms with more liberal-leaning (the ideological left in the US) boards. That’s the conclusion of our new study on the impact of political ideology in the boardroom. […]