The Daily Stat: Firms with Politically Conservative Bosses Pay More Tax

Are you having trouble viewing this email? If so, click here to see it in a web browser. HOME   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   AUTHORS   |   STORE RSS   |   Mobile JULY 19, 2012 Firms with Politically Conservative Bosses Pay More Tax U.S. companies with Republican-leaning top executives pay an average of $12 million, or about 2.2%, more tax annually than companies led by Democrats, according to research led by Dane Christensen of the University of Arizona and scheduled for presentation to the American Accounting Association. A conservative mind-set in the C-suite may discourage companies from pursuing risky or questionable strategies for avoiding taxes and thus may result in higher tax expenditures, the researchers suggest. Republican-leaning top executives outnumber their Democrat-leaning peers by about two to one. Source: Conservative management trumps political ideology, as companies headed by Republicans pay more tax than those led by Democrats Share Today's Stat: FEATURED PRODUCT Who Do You Want Your Customers to Become? HBR Single According to MIT innovation expert Michael Schrage, if you aren't asking this question, your marketing and innovation efforts will fail. In this latest HBR Single, Schrage provides a powerful new lens for getting more value out of innovation investment. He argues that asking customers to do something different doesn't go far enough—you must ask them to become something different instead. With practical tips and real-world examples from Google, Facebook, Starbucks and Apple, "Who Do You Want Your Customers To Become?" will liberate you and your team —and turn your innovation efforts on their head. ADVERTISEMENT Follow the Stat: BEST SELLERS HBR's 10 Must Reads: The Essentials HBR's Must Reads Library Set Guide to Persuasive Presentations Guide to Better Business Writing Guide to Getting the Right Work Done PREVIOUS STATS Cell-Phone Speeds Sink Dramatically at Sporting Events Even Though Ice Is Melting, Ships Balk at Crossing Arctic Cocaine Much Cheaper Now than 30 Years Ago Skilled Players Earn Much Bigger ROIs from Poker Fatalism Makes You Avoid Preparing for Retirement When the Rule Is 'Pay What You Want,' Almost Everyone Pays Banks' Skittishness Limits Impact of Low Mortgage Rates Much-Loved Products Often Sell for Less, Not More Whites Have Benefited More from Pay-for-Performance Jobs Most Individual Investors Do Far Worse than the S&P 500 Introducing HBR's Morning Advantage The Harvard Business Review Morning Advantage delivers the latest business ideas from beyond HBR.org directly to your inbox every morning — and it is free! Sign up today >> UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "The Daily Stat" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. OPT OUT If you do not wish to receive any email messages from Harvard Business Review, click here. ADVERTISE WITH HBR This enewsletter is read by thousands of decision makers every day. Learn more about connecting your brand with this audience. Copyright © 2012 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 800-545-7685 (+1-617-783-7600 outside the U.S. and Canada)