We study how negative sentiment around an industry impacts beliefs and behaviors, focusing on demands for racial justice after the murder of George Floyd and the salience of the "defund the police" movement. We assess stakeholder beliefs on the impact of protests on the stock prices of...

"At 5:45 p.m. on September 9, 1919, nearly every patrolman on the Boston Police Department abandoned their posts, leaving the city victim to four days of crime, looting and mob violence. This is the story of what led to the strike and the political ramifications of the greatest tragedy in...