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UID:20260413T095125EDT-4402XvudkP@132.216.98.100
DTSTAMP:20260413T135125Z
DESCRIPTION:Elisabeth Kempf\n\nHarvard University\n\nCEO Ideology and Globa
 l Trade\n\nDate: Friday\, April 10\, 2026\n	Time: 10:30-11:45 am\n	Location:
  Bronfman Bldg. (1001 Sherbrooke St. West)\, Room 340\n\nAll are cordially
  invited to attend.\n\nAbstract:\n\nWe study how the political ideology of
  corporate leaders shapes international trade. Exploiting changes in ideol
 ogical alignment between U.S. firm CEOs and foreign governments around nat
 ional elections\, we show that firms reduce trade with a country when thei
 r CEO’s ideological distance to the foreign government increases\, relativ
 e to firms whose CEOs become more aligned. Firms led by CEOs who become mo
 re distant contract their trade networks\, relying on fewer foreign partne
 rs and paying higher import prices on average. Textual analysis of earning
 s call transcripts indicates that shifts in CEOs’ subjective beliefs about
  foreign macroeconomic risk are an important mechanism behind these patter
 ns.\n
DTSTART:20260410T143000Z
DTEND:20260410T154500Z
LOCATION:Room 340\, Bronfman Building\, CA\, QC\, Montreal\, H3A 1G5\, 1001
  rue Sherbrooke Ouest
SUMMARY:Desmarais Global Finance Research Centre (DGFRC) Seminar: Elisabeth
  Kempf
URL:/desautels/channels/event/desmarais-global-finance
 -research-centre-dgfrc-seminar-elisabeth-kempf-372234
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