Skip to main content

Research Repository

Advanced Search

Employees’ reviews and stock price informativeness

Kyiu, Anthony; Tawiah, Bernard; Boamah, Evans Ofosu

Employees’ reviews and stock price informativeness Thumbnail


Authors

Bernard Tawiah

Evans 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.

Citation

Kyiu, A., Tawiah, B., & Boamah, E. O. (2023). Employees’ reviews and stock price informativeness. Economics Letters, 233, Article 111406. https://doi.org/10.1016/j.econlet.2023.111406

Journal Article Type Article
Acceptance Date Oct 10, 2023
Online Publication Date Oct 11, 2023
Publication Date 2023-12
Deposit Date Oct 12, 2023
Publicly Available Date Oct 13, 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
Public URL https://durham-repository.worktribe.com/output/1791023

Files







You might also like



Downloadable Citations