Plausibly Exogenous [1620] - Sustainable Engagement (07/10/2024)

LHS Variable
Firms’ investments

RHS Variable
Sustainable shareholder engagement

Source of Exogenous Variation
SEC restrictions (rule 240.14a-8) on shareholder proposals

- Kroft, Palacios, Rigobon, and Zheng (2024), “Timing Sustainable Engagement in Real Asset Investments'“