Jing, C, Keasey, K, Lim, I orcid.org/0000-0001-7982-1554 et al. (1 more author) (2019) Financial constraints and employee satisfaction. Economics Letters, 183. 108599. ISSN 0165-1765
Abstract
Using over 120,000 employee reviews collected by Glassdoor between 2008 and 2015, we investigate whether firm financial constraints reduce employee satisfaction. We find that employee satisfaction is substantially lower in financially constrained firms. Decomposing employee ratings, we find that firm financial constraints are associated with employees’ concerns regarding work–life balance, senior leadership, and career progression. Our study implies that employee satisfaction could be an important channel through which financial constraints reduce firm value.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2019 Published by Elsevier B.V. All rights reserved. This is an author produced version of an article published in Economics Letters. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Financial constraints; Employee satisfaction |
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: | 19 Aug 2019 09:27 |
Last Modified: | 06 Feb 2021 01:38 |
Status: | Published |
Publisher: | Elsevier |
Identification Number: | 10.1016/j.econlet.2019.108599 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:149797 |
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