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Last Published February 20, 2023 12:11 AM April 04, 2023 12:56 PM
Primary Outcomes (Explanation) The main communication method is email. We plan to categorize these responses into either disclosure or non-disclosure. No response and an email with an explanation of not disclosing EEO-1 reports will be both coded as non-disclosure initially. However, we've noticed that in a pilot test, some firms indicate their interest in disclosing EEO-1 reports in the future.
Sample size (or number of clusters) by treatment arms 1050 companies investors with peers, 1050 companies investors without peers, 1050 companies employees with peers, 1050 companies employees without peers 1050 companies for each treatment
Intervention (Hidden) In order to understand the motivation for firm's public disclosure, we want to reach out to all publicly listed firms that currently do not put the EEO-1 on their website and ask whether they are willing to voluntarily share a copy of their most recent EEO1 report (for our database; see below). Additionally, we want to vary the messaging of the emails -- in particular, we plan to use 2 x 2 design. We will have two treatment arms: 1) mentioning investors or employee interest and 2) peer disclosure behavior -- to get at causal treatment effects. We plan to reach out to HR and IR personnel at publicly listed firms. In order to understand the motivation for firm's public disclosure, we want to reach out to all publicly listed firms that currently do not put the EEO-1 on their website and ask whether they are willing to voluntarily share a copy of their most recent EEO1 report (for our database; see below). Additionally, we want to vary the messaging of the emails -- in particular, we plan to use 2 x 2 design. We will have two treatment arms: 1) mentioning investors or employee interest and 2) peer disclosure behavior -- to get at causal treatment effects. We plan to reach out to HR and IR personnel at publicly listed firms.
Secondary Outcomes (Explanation) In a subsequent research project (not part of this submission), we then want to use these disclosed EEO1 reports to build a publicly available and searchable EEO1 database. This database will allow to quickly and conveniently compare firms in a standardized way across key diversity metrics (or the lack of their public disclosure). Potentially, we then want to reach out key stakeholders (e.g., investors) to inform them about the availability of such a database. However, this can be a separate project and also depends on whether we are successful in collecting a sufficient number of disclosures.
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