Federal ID: 91-6001537
ISSN: 0022-1090 (Print) | 1756-6916 (Online)
Corporate Financial Frictions and Employee Mental Health
Dániel Kárpáti and Luc Renneboog ♦ This paper argues that corporate financial frictions can have an adverse effect on employee mental health, an important determinant of employee productivity. To identify the causal effects of financial frictions, we exploit variation in firms’…