FIRC0001
From Corporate Disclosures to a Russell 3000 Strategic Project Database: Identification, Measurement, Validation, and Research Applications
This paper documents the construction of SPID, a project-level research database that reconstructs the strategic initiatives disclosed by U.S.-listed companies in their SEC filings. Starting from an issuer universe that merges a current S&P 500 snapshot with the holdings of the iShares Russell 3000 ETF (2,564 distinct…