Ba, Bocar A.; Rivera, Roman; Whitefield, Alexander - National Bureau of Economic Research - 2023
on the U.S. policing industry using a novel dataset on publicly traded firms contracting with the police. It is unclear … whether the BLM uprisings were likely to increase or decrease market valuations of firms contracting heavily with police … because of the increased interest in reforming the police, fears over rising crime, and pushes to "defund the police". We find …