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suggest that high CSR firms' layoffs signal their weak future prospects and deterioration in stakeholder relationships …
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We study whether CEO political ideology affected how S&P 500 firms reacted to the Covid-19 pandemic, an exogenous shock to demand and supply. We hypothesize that conservative CEOs are more likely to adopt shareholder-friendly than employee-friendly reactions to the pandemic. Hence, they should...
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that compensation contracts in public corporations seem imperfectly tied to firm performance and managers' tasks. …
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