Construct · 1 fields · 1 citations

employee satisfaction and stock returns: a standalone construct

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Sustainable finance

the finding that firms with high employee satisfaction earned higher long-run stock returns, suggesting markets undervalue intangibles.

In sustainable finance, employee satisfaction and stock returns refers to the finding that firms with high employee satisfaction earned higher long-run stock returns, suggesting markets undervalue intangibles. This meaning comes from Edmans (2011) in Journal of Financial Economics.[1]

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Nearby constructs

satisfaction5 fields · 11 citationsjingle · one name, five constructs stock2 fields · 2 citationsjingle · one word, two constructs

References

Edmans, A. (2011). Does the stock market fully value intangibles? Employee satisfaction and equity prices. Journal of Financial Economics, 101(3), 621-640. https://doi.org/10.1016/j.jfineco.2011.03.021

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