Political partisanship influences firm executives’ beliefs about the future economy. We find that firms with partisan aligned managers with the U.S. president have more patents, more patent citations, and higher patent value. We establish causality using a difference-in-differences approach...

We examine the effects of public firm CEOs' prior private equity (PE) target experiences on corporate policies. Based on difference-in-differences and propensity score matching analyses, public firm CEOs previously serving as CEOs in PE targets reduce investment by about 15 percent while...