Election decisions made by board members affect their success

According to the author, the core ratio between Conservative and Democratic voters in executive positions increased from 63:37 to 75:25 between 2008 and 2016, with a slight decrease after Trump’s election. The study authors determine the degree of party agreement within the board of directors by the probability that two people chosen at random from the same team have the same position. This probability increased by nearly 8 percent between 2008, when Barack Obama was elected president of the United States, and 2020, when Joe Biden defeated Obama’s successor, Trump. After Trump’s election in 2016, scholars noted a particularly clear boost. The value is now 65 percent. In nearly two-thirds of the cases, the random withdrawal of two members of the same company’s board of directors resulted in a political agreement.

Read also: How do I lead perfect employees?

Kempf also dealt with the geographic division of the country, which roughly looks like this: Democrats in the states dominate the east and west coasts, while Republicans dominate the interior of the United States. However, this does not explain the increasing polarization among managers, and compared to the relevant local population, the polarization among corporate leaders increased twice as fast in the period under study.