Replication Data for: What Does Reputation Buy? Differentiation in a Market for Third-Party Auditors
Harvard Dataverse (Africa Rice Center, Bioversity International, CCAFS, CIAT, IFPRI, IRRI and WorldFish)
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Title |
Replication Data for: What Does Reputation Buy? Differentiation in a Market for Third-Party Auditors
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Identifier |
https://doi.org/10.7910/DVN/T6HEYF
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Creator |
Duflo, Esther
Greenstone, Michael Pande, Rohini Ryan, Nicholas |
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Publisher |
Harvard Dataverse
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Description |
We study differences in quality in the market for third-party environmental auditors in Gujarat, India. We find that, despite the low overall quality, auditors are heterogeneous and some perform well. We posit that these high-quality auditors survive by using their good name to insulate select client plants from regulatory scrutiny. We find two pieces of evidence broadly consistent with this hypothesis: (i) though estimates are not precise, higher-quality auditors appear to be paid more both in their work as third-party auditors and in their complementary work as consultants; and (ii) plants with high-quality auditors incur fewer costly penalties from the regulator.
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Subject |
Social Sciences
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Contributor |
Parrado, Andres
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