Chen, J orcid.org/0000-0002-4076-7121, Leung, WS and Evans, KP (2016) Are employee-friendly workplaces conducive to innovation? Journal of Corporate Finance, 40. pp. 61-79. ISSN 0929-1199
Abstract
We find strong evidence that firms with employee-friendly workplaces achieve greater innovative success, particularly in industries where innovation is more difficult to achieve. Furthermore, employee-friendly firms were also more inclined to sustain R&D investment during the recent crisis. These findings are consistent with the view that an employee-friendly workplace helps to develop tolerance for failure, which encourages engagement in innovation. We find no support for alternative explanations, such as employee-friendly workplaces helping to attract and retain talented employees and reducing career concerns of executives, which could nurture innovation.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2016, Elsevier B.V. This is an author produced version of a paper published in Journal of Corporate Finance. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Employee-friendly workplace; Employee relations; Employee satisfactionInnovation |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Accounting & Finance Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 14 Aug 2018 10:17 |
Last Modified: | 25 Jun 2023 21:28 |
Status: | Published |
Publisher: | Elsevier |
Identification Number: | 10.1016/j.jcorpfin.2016.07.011 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:134521 |
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