The ongoing COVID-19 pandemic triggered a global crisis affecting the work and partially the existence of businesses, governments, administrations and nonprofit organizations (NPOs). The latter not only faced severe challenges themselves, but also play(ed) a major role in fighting the pandemic,...

Maintaining economic output during COVID-19 pandemic can result in benefits for a firm's shareholders but comes at a potential cost to public health. Using novel retail store-level data, we examine how a CEO's political leanings, measured by political donations, impacts this tradeoff. We...