Swarnodeep Homroy

Swarnodeep Homroy is a Professor of Finance at the University of Groningen and the University of Southampton. He studies questions at the intersection of political economy and corporate finance, examining how political institutions, regulation, and social forces shape corporate behavior. He has previously worked as an executive compensation consultant for a leading consulting firm.

Domestic Supply Chains in the US Are Fracturing Along Partisan Lines

In new research, Nandini Gupta and Swarnodeep Homroy show that firms in the United States are choosing politically-aligned suppliers to insure their supply chains against disruption. Aligned relationships are markedly more resilient when shocks hit, but the insurance is paid for in higher input costs and less innovation.

Free Speech Protections Boost Innovation

Firms may file a strategic lawsuit against public participation (SLAPP) against civil society to silence criticism for socially harmful activity, such as the use of dirty technologies. In new research, Swarnodeep Homroy finds that legal protections for free speech push firms to address some of these criticisms by developing new technologies.

The Social Voice of CEOs

A new working paper examines the phenomenon of CEO activism and finds that while statements by activist CEOs are more likely to have a...

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