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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w24389 |
来源ID | Working Paper 24389 |
Pollution and Human Capital Migration: Evidence from Corporate Executives | |
Ross Levine; Chen Lin; Zigan Wang | |
发表日期 | 2018-03-12 |
出版年 | 2018 |
语种 | 英语 |
摘要 | We study the impact of pollution on the migration of high human capital employees. We link data on the opening of toxic-emitting plants with the career paths of executives at S&P 1500 firms. We discover that toxic-emitting plant openings increase executive departures from neighboring firms with adverse effects on stock prices. The results: are larger when polluting plants and firms are geographically closer, hold only for executives physically-based at treated firms, hold only for the opening of polluting plants, do not reflect other local factors or prior stock price performance, and are larger among executives with more general human capital. |
主题 | Financial Economics ; Corporate Finance ; Labor Economics ; Unemployment and Immigration ; Environmental and Resource Economics ; Environment ; Regional and Urban Economics ; Real Estate |
URL | https://www.nber.org/papers/w24389 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582063 |
推荐引用方式 GB/T 7714 | Ross Levine,Chen Lin,Zigan Wang. Pollution and Human Capital Migration: Evidence from Corporate Executives. 2018. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w24389.pdf(766KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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