Plausibly Exogenous [1754] - Corporate Culture (11/21/2024)

LHS Variable
Corporate culture

RHS Variable
Shareholder litigation rights

Source of Exogenous Variation
Staggered passage of universal demand laws, which reduce shareholder litigation rights

- Ongsakul, Chintrakarn, and Jiraporn (2024), “Corporate Culture and Shareholder Litigation Rights: Evidence From A Quasi-Natural Experiment and Textual Analysis”