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Nothing but the Truth? Private Information and Reporting on Corporate Social Responsibility

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NBER2020-12-01 更新2025-01-04 收录
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We develop and test a model in which firms can make non-verifiable statements about their CSR engagement, and hence may have incentives to mislead markets with exaggerated CSR claims. Firms may privately receive a signal correlated with their CSR engagement - e.g. a measure of greenhouse gas

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2020-12-01
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