Plausibly Exogenous [905] - ESG Policy (07/22/2022)
LHS Variable
Financial market outcomes
RHS Variable
Government ESG regulation
Source of Exogenous Variation
Significant and unexpected regulatory change in the state of Texas barring some of the largest banks in the US from government contracts in the state
- Garrett and Ivanov (2022), “Gas, Guns, and Governments: Financial Costs of Anti-ESG Policies”