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- Publisher Website: 10.1016/j.jcorpfin.2016.06.001
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Article: Be nice to your innovators: Employee treatment and corporate innovation performance
Title | Be nice to your innovators: Employee treatment and corporate innovation performance |
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Authors | |
Keywords | Citations Corporate innovation Employee satisfaction Innovative strategies Patents |
Issue Date | 2016 |
Publisher | Elsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/jcorpfin |
Citation | Journal of Corporate Finance, 2016, v. 39, p. 78-98 How to Cite? |
Abstract | This paper investigates the effect that employee treatment schemes have on corporate innovation performance. We find that firms with better employee treatment schemes produce more and better patents through improving employee satisfaction and teamwork. Additional tests suggest that our main findings cannot be attributed to job security, unionization, reverse causality, and omitted variables. We also find that firms with better employee treatment schemes produce patents that enhance market valuation and facilitate better future operating performance. Collectively, our findings show that treating employees well benefits firms and shareholders, for well treated employees are encouraged to create intellectual property. |
Persistent Identifier | http://hdl.handle.net/10722/236444 |
ISSN | 2023 Impact Factor: 7.2 2023 SCImago Journal Rankings: 3.182 |
SSRN | |
ISI Accession Number ID |
DC Field | Value | Language |
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dc.contributor.author | Chen, C | - |
dc.contributor.author | Chen, Y | - |
dc.contributor.author | Hsu, P | - |
dc.contributor.author | Podolski, EJ | - |
dc.date.accessioned | 2016-11-25T00:53:29Z | - |
dc.date.available | 2016-11-25T00:53:29Z | - |
dc.date.issued | 2016 | - |
dc.identifier.citation | Journal of Corporate Finance, 2016, v. 39, p. 78-98 | - |
dc.identifier.issn | 0929-1199 | - |
dc.identifier.uri | http://hdl.handle.net/10722/236444 | - |
dc.description.abstract | This paper investigates the effect that employee treatment schemes have on corporate innovation performance. We find that firms with better employee treatment schemes produce more and better patents through improving employee satisfaction and teamwork. Additional tests suggest that our main findings cannot be attributed to job security, unionization, reverse causality, and omitted variables. We also find that firms with better employee treatment schemes produce patents that enhance market valuation and facilitate better future operating performance. Collectively, our findings show that treating employees well benefits firms and shareholders, for well treated employees are encouraged to create intellectual property. | - |
dc.language | eng | - |
dc.publisher | Elsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/jcorpfin | - |
dc.relation.ispartof | Journal of Corporate Finance | - |
dc.rights | This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. | - |
dc.subject | Citations | - |
dc.subject | Corporate innovation | - |
dc.subject | Employee satisfaction | - |
dc.subject | Innovative strategies | - |
dc.subject | Patents | - |
dc.title | Be nice to your innovators: Employee treatment and corporate innovation performance | - |
dc.type | Article | - |
dc.identifier.email | Hsu, P: paulhsu@hku.hk | - |
dc.identifier.authority | Hsu, P=rp01553 | - |
dc.description.nature | postprint | - |
dc.identifier.doi | 10.1016/j.jcorpfin.2016.06.001 | - |
dc.identifier.scopus | eid_2-s2.0-84975261140 | - |
dc.identifier.hkuros | 270285 | - |
dc.identifier.volume | 39 | - |
dc.identifier.spage | 78 | - |
dc.identifier.epage | 98 | - |
dc.identifier.isi | WOS:000381237100005 | - |
dc.publisher.place | Netherlands | - |
dc.identifier.ssrn | 2461021 | - |
dc.identifier.issnl | 0929-1199 | - |