Friend or Foe: How Social Movements Impact Firm Innovation

Working Papers

We investigate the impact social movements have on firm-level innovation through private politics. We distinguish between contentious private politics, or contentious targeting of firms by activists, and cooperative private politics, when activists engage firms in formal collaborations.Read More

Personal Wealth and Self-Employment

Working Papers

We examine how wealth windfalls affect self-employment decisions using data on cash payments from claims on Texas shale drilling to people throughout the United States. Individuals who receive large wealth shocks (greater than $50,000) have 51% higher self-employment rates.Read More

Impact Investing and Information Disclosure as Tools of Environmental Governance

Funded Research Proposal

Climate change remains a grand challenge of our time. Numerous actors relevant to business—both public and private—have worked to reduce or otherwise mitigate greenhouse gas emissions, and to focus management attention on the issue of climate change.Read More