Skip to main content

Research Repository

Advanced Search

Employees’ reviews and stock price informativeness

Kyiu, Anthony; Tawiah, Bernard; Boamah, Ofosu

Employees’ reviews and stock price informativeness Thumbnail


Authors

Anthony Kyiu

Bernard Tawiah

Ofosu Boamah



Abstract

We investigate the relationship between employee reviews and stock price informativeness. Using a sample of US firms, we find that firms with higher employee satisfaction are associated with greater stock price informativeness in terms of idiosyncratic volatility. We find this result to be more pronounced for firms that have a greater reliance on human capital assets. Overall, our study suggests that employee reviews have implications for financial markets.

Journal Article Type Article
Acceptance Date Oct 10, 2023
Online Publication Date Oct 14, 2023
Publication Date Dec 31, 2023
Deposit Date Oct 24, 2023
Publicly Available Date Oct 24, 2023
Journal Economics Letters
Print ISSN 0165-1765
Publisher Elsevier
Peer Reviewed Peer Reviewed
Volume 233
Article Number 111406
DOI https://doi.org/10.1016/j.econlet.2023.111406
Keywords Employee Reviews, Stock Market, ESG
Public URL https://uwe-repository.worktribe.com/output/11391333

Files






You might also like



Downloadable Citations