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Forecasting the Impact of Racial Uprisings, Market versus Stakeholders' Expectations

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NBER2023-11-01 更新2025-01-04 收录
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Given police abolitionisms new visibility after the 2020 racial justice protests, we assess stakeholder beliefs on the protests stock impacts on police-affiliated firms. Experts generally underestimate the firms stock gains, except situated experts like community organizers and police experts, who

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2023-11-01
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