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Conservative CEOs Pursue Riskier International Deals Than Liberals Do

by Amy Meeker
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Publication Date: January 01, 2024

Though evidence suggests that conservatives are generally more risk-averse than liberals are, the reverse is true when it comes to foreign expansion. A recent study showed that conservatives leaned toward overseas acquisitions, which are more perilous than alliances (an approach liberals favored). Why? Because acquisitions gave them greater control, and the desire for it outweighed their fear of loss.

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