The Impact of Political Polarization on Corporate Decision Making and Non-GAAP Disclosure
Abstract
research focuses mainly on political polarization itself, and few studies have examined how political polarization affects the decision-making
of executive teams. By examining the impact of political polarization on decision-making within U.S. firms, this paper finds that appropriate
political disagreements can lead to the absorption of information diversity by firms, which is beneficial in the long run. In addition, regarding
political polarization promotes management’s disclosure of non-GAAP information, but it is highly likely to be based on self-interest rather
than positive aspects.
Keywords
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DOI: http://dx.doi.org/10.18686/fm.v10i1.13930
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