Do LGBT-Supportive Corporate Policies Improve Credit Ratings? An Instrumental-Variable Analysis
© 2018, Springer Nature B.V. We investigate the effect of Lesbian, Gay, Bisexual, and Transgender (LGBT)-supportive corporate policies on credit ratings. To the extent that LGBT-friendly policies are beneficial to the firm and therefore improve its expected cash flows, credit rating agencies should...
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2019
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Online Access: | https://repository.li.mahidol.ac.th/handle/123456789/44956 |
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Institution: | Mahidol University |