We conduct a large-scale global study of ESG-linked pay for major firms that make up 85% of the market capitalization across 59 countries. We find that the pay adoption is higher for firms in extractive and utility industries, in countries that value individualism and femininity, have stronger...

We introduce a novel social media sentiment measure, the video sentiment index (VSI), created from over nine billion popular user-generated videos across 48 countries. VSI is significantly associated with mood proxies induced by seasonal factors, cloud coverage, and COVID-related restrictions....