Does Greater Public Scrutiny Hurt a Firm’s Performance?
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Public attention to a firm may provide valuable monitoring, but it may also have a dark side by constraining managements decisions and distracting it. We use inclusion in the S&P 500 index as a positive shock to public attention. Media coverage, Google searches, SEC downloads, SEC comment letters,
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美国国家经济研究局创建时间：
2023-01-01
