Firm Strategic Responses to Political Polarization Around the World.

This presenter symposium showcases research frontiers on firms' strategic responses to the market and non-market challenges that arise from political polarization in both domestic and international contexts. These range from underexamined, non-ideological predictors of corporate and CEO activism on contentious socio-political issues (e.g., corporate reputation, CEO narcissism) to the influence of stakeholders on the expanding venues (e.g., corporate campaign contributions, corporate LGBTQ policies) of corporate activism; and implications of political polarization for international business (e.g., divestiture). The four presentations in this symposium adopt a range of methodological approaches (e.g., matched-sample regressions, machine learning techniques, and difference-in-differences designs), and collectively contribute to the existing literature on corporate and CEO activism, stakeholder management, non-market strategies, corporate political activities, social issues in management, and international management. Decision to Speak: Unraveling How Social Context Shapes Opportunity Structure for CEO Activism Author: Alessandra Rizzi; Texas Christian U. Author: Jung-Hoon Han; Sungkyunkwan (SKK) U. In the Limelight of narcissistic CEOs: Unveiling the Influence of Personality on CEO Activism Author: Ghina Chammas; HEC Paris Author: Georg Wernicke; HEC Paris Can Stakeholders Shape Corporate Political Responsibility in an Era of Democratic Backsliding? Author: Zhao Li; New York U. Firm LGBTQ Inclinations and Strategic Responses to Anti-LGBTQ Laws Author: Yu Li; U. of South Carolina Author: Joao Albino Pimentel; U. of South Carolina, Darla Moore School of Business [ABSTRACT FROM AUTHOR]