Political Ideology and Organizations

Abstract

Research has begun to show that the political ideology of organizational participants is an important predictor of behaviors in organizations. While a number of recent studies have identified the impact of ideology on topics such as firms’ social participation and strategy, much more theory and research is needed to understand the full influence of ideology. This symposium seeks to shed additional light on the role of political ideology in organizations with four theoretically driven empirical papers. Specifically, the papers in this symposium contribute to research on ideology by: 1) examining the influence of political ideology at different levels of analysis, including at the CEO, top-management team, board, and organizational levels; 2) considering a range of behaviors and outcomes related to political ideology, including firm performance, risk, capital allocation, turnover, responsiveness to negative events, and external recognition; and 3) proposing several theoretical mechanisms that drive these relationships, including a consideration of the risk, equality, and fairness perceptions inherent in political ideology. To the Extreme: CEO Political Orientation and Extreme Corporate and Career Outcomes Presenter: Jonathan Bundy; Pennsylvania State U. Presenter: Timothy David Hubbard; U. of Georgia Presenter: Scott D. Graffin; U. of Georgia Presenter: Dane Christensen; Pennsylvania State U. Board Actions and Political Ideology: The Case of Financial Restatements Presenter: Warren Boeker; U. of Washington, Seattle Presenter: David M. Gomulya; Nanyang Technological U. Presenter: Uisung David Park; U. of Washington The Effects of Top Executives’ Political Ideology on The Efficacy of Pay Arrangements Presenter: M.K. Chin; Indiana U. Presenter: Cynthia E. Devers; Texas A&M U. / Oxford U. CCR Presenter: Abhijith G. Acharya; Singapore Management U. Organizational Ideology and Corporate Strategy: A New Vantage on