Polarizing Corporations: Does Talent Flow to" Good" Firms?

E Colonnelli, T McQuade, G Ramos, T Rauter, O Xiong - 2023 - nber.org
We conduct a field experiment in partnership with the largest job platform in Brazil to study
how environmental, social, and governance (ESG) practices of firms affect talent allocation.
We find both an average job-seeker's preference for ESG and a large degree of
heterogeneity across socioeconomic groups, with the strongest preference displayed by
highly educated, white, and politically liberal individuals. We combine our experimental
estimates with administrative matched employer-employee microdata and estimate an …

Polarizing Corporations: Does Talent Flow to

E Colonnelli, T McQuade, G Ramos, T Rauter… - NBER Working …, 2023 - papers.ssrn.com
We conduct a field experiment in partnership with the largest job platform in Brazil to study
how environmental, social, and governance (ESG) practices of firms affect talent allocation.
We find both an average job-seeker's preference for ESG and a large degree of
heterogeneity across socioeconomic groups, with the strongest preference displayed by
highly educated, white, and politically liberal individuals. We combine our experimental
estimates with administrative matched employer-employee microdata and estimate an …
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