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What is Impact of Political Diversity on Team Performance about?

This study investigates the impact of team diversity, specifically political ideology, on performance in the U.S. mutual fund industry. It finds that diverse teams outperform homogeneous teams by approximately 1.8% in risk-adjusted returns, attributed to improved decision-making and monitoring. However, the benefits of diversity diminish in environments of high political polarization, which can lead to intra-team conflict.

Author

kumshiiiii77

Language

EN