Journal of Business Ethics

, Volume 155, Issue 3, pp 809–822 | Cite as

On the Effect of Business and Economic University Education on Political Ideology: An Empirical Note

  • Manthos D. Delis
  • Iftekhar HasanEmail author
  • Maria Iosifidi
Original Article


We empirically test the hypothesis that a major in economics, management, business administration or accounting (for simplicity referred to as Business/Economics) leads to more-conservative (right-wing) political views. We use a panel dataset of individuals (repeated observations for the same individuals over time) living in the Netherlands, drawing data from the Longitudinal Internet Studies for the Social Sciences from 2008 through 2013. Our results show that when using a simple fixed effects model, which fully controls for individuals’ time-invariant traits, any statistically and quantitatively significant effect of a major in Business/Economics on the Political Ideology of these individuals disappears. We posit that, at least in our sample, there is no evidence for a causal effect of a major in Business/Economics on individuals’ Political Ideology.


University education Political Ideology Business and economics studies 



We are indebted to the editor and the two anonymous reviewers. Usual caveats apply.


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Copyright information

© Springer Science+Business Media Dordrecht 2017

Authors and Affiliations

  • Manthos D. Delis
    • 1
  • Iftekhar Hasan
    • 2
    • 3
    • 4
    Email author
  • Maria Iosifidi
    • 5
  1. 1.Finance Group, Surrey Business School, and Centre for Money, Banking, and InstitutionsUniversity of SurreyGuildfordUK
  2. 2.Fordham UniversityNew YorkUSA
  3. 3.Bank of FinlandHelsinkiFinland
  4. 4.University of SydneySydneyAustralia
  5. 5.Surrey Business SchoolUniversity of SurreyGuildfordUK

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