Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/61731
Title: Be nice to your innovators : employee treatment and corporate innovation performance
Authors: Chen, C
Chen, Y 
Hsu, PH
Podolski, EJ
Keywords: Citations
Corporate innovation
Employee satisfaction
Innovative strategies
Patents
Issue Date: 2016
Publisher: North-Holland
Source: Journal of corporate finance, 2016, v. 39, p. 78-98 How to cite?
Journal: Journal of corporate finance 
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.
URI: http://hdl.handle.net/10397/61731
ISSN: 0929-1199
DOI: 10.1016/j.jcorpfin.2016.06.001
Appears in Collections:Journal/Magazine Article

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