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We examine the effect of pay discrimination on corporate innovation and inventor productivity using difference-in-differences regressions based on the staggered passage of state-level pay secrecy laws that mitigate pay discrimination. We find significant increases in the quantity and quality of...
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We identify a positive causal effect of healthy working environments on corporate innovation, using the staggered passage of U.S. state-level smoke-free laws that ban smoking in workplaces. We find a significant increase in patents and patent citations for firms headquartered in states that have...
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This paper exploits a quasi-natural experiment to investigate the relation between Sarbanes-Oxley Act (SOX) and corporate innovation: firms with a public float under $75 million can delay compliance with Section 404 of the Act. We find a significant decrease in the number of patents and patent...
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