Voting on Public Goods: Citizens vs Shareholders
收藏NBER2024-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w32605
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We study the interplay between a one person-one vote political system and a one share-one vote corporate governance regime. If shareholders push firms for more pro-social policies, political backlash may arise, undoing ESG initiatives. In a frictionless economy, shareholder democracy becomes
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美国国家经济研究局创建时间：
2024-06-01
