06/16/2025 | Press release | Distributed by Public on 06/16/2025 12:50
Impact Investing and Worker Outcomes
May 2025
Author JOSH LERNER, MARKUS LITHELL, AND GORDON M. PHILLIPS
Working Paper Number CES-25-30
This research shows impact-backed firms hire more disadvantaged workers and favor them in wage increases compared to VC-backed firms.