Plausibly Exogenous [1243] - CSR (06/28/2023)
LHS Variable
Engagement in employee-related CSR
RHS Variable
Potential adverse behavior of employees
Source of Exogenous Variation
Changes in state unemployment insurance (UI) benefits from 1991 to 2013 : higher UI benefits reduce the cost of being unemployed and hence increase employees' incentives to engage in adverse behavior
- Flammer and Luo (2017), “Corporate social responsibility as an employee governance tool: Evidence from a quasi‐experiment”