Following The Information Footprint Of Firms

@article{Lee2022FollowingTI,
  title={Following The Information Footprint Of Firms},
  author={Edward D. Lee and Alan Kwan and Rudolf Hanel and Anjali M. Bhatt and Frank Neffke},
  journal={SSRN Electronic Journal},
  year={2022}
}
What a firm does is more revealing than how much it makes, but firms are often described with metrics for economic size. Instead, we characterize what firms know in terms of what they read, the information footprint, using a data set of hundreds of millions of records of news articles accessed by employees in millions of firms. We discover that the reading habits of firms are of limited diversity. This observation suggests that information constraints act on firms. To understand how, we relate a firm… 

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