For decades, the business community has been viewed as a core constituency of the Republican Party. However, several factors, such as corporate prioritization of social values, changes in trade policy, and anti-business sentiment among Republican rank-and-file, suggest a coalitional shift is underway. Scholars have debated whether this shift is an illusion or is real. At the core of this debate
... [Show full abstract] is how businesses navigate two forms of organizational conflict: a) stakeholder cross-pressure and b) policy cross-pressure . To measure cross-pressure, we conduct an original survey of elite business leaders. Our evidence suggests a widespread view that companies are increasingly aligned with the Democrats, including in alignment on core policy priorities. When companies are cross-pressured, leaders perceive the company as leaning toward the Democrats. The potential decoupling of business from the Republican coalition represents one of the most significant changes in American politics in decades.