Dear all, our next seminar speaker at CEU is Elisabeth Kempf (Harvard Business School), who will present "The Political Polarization of Corporate America" (the paper is joint with Vyacheslav Fos and Margarita Tsoutsoura) -- you are cordially invited to attend her in-person seminar. Time and venue: April 25, Tuesday, 11.15am - 12.30pm, in C322 at CEU (51 Quellenstrasse 1100 Vienna). Abstract: Executive teams in U.S. firms are becoming increasingly partisan. We establish this new fact using political affiliations from voter registration records for top executives of S&P 1500 firms between 2008 and 2020. The new fact is explained by both an increasing share of Republican executives and increased assortative matching by executives on political affiliation. Departures of politically misaligned executives are value-destroying for shareholders, implying the increasing political polarization of corporate America may not be in the financial interest of shareholders. Speaker's website: https://sites.google.com/site/elikempf/research. For any inquiries, contact the CESS organizer, Timea L. Molnar, at molnartl@ceu.edu<mailto:molnartl@ceu.edu>.