Executives of America's large public companies have long played a role in public policy by advising leaders of both parties — but those corporate chieftains themselves are far more likely to be Republicans than Democrats, a new study shows
New York Executives of America's large public companies have long played a role in public policy by advising leaders of both parties — but those corporate chieftains themselves are far more likely to be Republicans than Democrats, a new study shows.
In a working paper released this month by the National Bureau of Economic Research, researchers at Harvard Law School and Tel Aviv University ran the names of all individuals to have run a company listed in the S&P 1500 between 2000 and 2017 through federal campaign finance databases, which include contributions to both congressional and presidential candidates as well as party committees. The result: 18.6% of CEOs consistently donated to Democrats, while 57.
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