Firm-level political risk and labor performance

被引：0
|
作者：
Orlova, Svetlana [1 ]
Sun, Li [1 ]
机构：
[1] Univ Tulsa, Collins Coll Business, Tulsa, OK 74104 USA
来源：
INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS | 2024年 / 96卷
关键词：
Political risks; Labor performance; Labor efficiency; Labor cost; HUMAN-RESOURCE MANAGEMENT; PRODUCTIVITY; UNCERTAINTY; POLICY;
D O I：
10.1016/j.irfa.2024.103697
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This study examines how firm-level political risk relates to labor performance, measured as the ratio of the total of net income and labor cost to the number of employees. Using a sample of 9508 firm-year observations consisting of U.S. firms during the years 2002-2021, we find a significant and negative relation between political risk and labor performance. Our empirical tests show that after controlling for other factors, firms facing a higher level of political risk demonstrate lower labor performance, highlighting the negative impact of political risk on firm behavior and outcomes.
引用
收藏
页数：17
相关论文
共 50 条
  • [31] Does firm-level political risk influence earnings management?
    Gupta, Jairaj
    Kushwaha, Narendra Nath
    Li, Xia
    Ebrahimi, Tahera
    REVIEW OF QUANTITATIVE FINANCE AND ACCOUNTING, 2025, 64 (03) : 1165 - 1198
  • [32] Is Firm-Level Political Risk Priced in the Equity Option Market?
    Ho, Thang
    Kagkadis, Anastasios
    Wang, George
    REVIEW OF ASSET PRICING STUDIES, 2024, 14 (01): : 153 - 195
  • [33] Persistent firm-level political risk and asymmetric cost adjustments
    Darrough, Masako
    Hossain, Mahmud
    Jha, Anand
    Mitra, Santanu
    ADVANCES IN ACCOUNTING, 2025, 68
  • [34] Firm-level carbon risk perception and ESG performance
    Guo, Borui
    Yang, Zhiming
    ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH, 2024, 31 (08) : 12543 - 12560
  • [35] Firm-level carbon risk perception and ESG performance
    Borui Guo
    Zhiming Yang
    Environmental Science and Pollution Research, 2024, 31 : 12543 - 12560
  • [36] FIRM-LEVEL DETERMINANTS OF POLITICAL INFLUENCE
    Chong, Alberto
    Gradstein, Mark
    ECONOMICS & POLITICS, 2010, 22 (03) : 233 - 256
  • [37] Connected to risk: CEOs' hometown connections and firm-level political risk in China
    Wang, Bin
    Wang, Liang
    Liao, Kaicheng
    Li, Xin
    APPLIED ECONOMICS LETTERS, 2024,
  • [38] IT-labor intensities and firm-level productivity
    Kudyba, S
    INFORMATION TECHNOLOGY AND ORGANIZATIONS: TRENDS, ISSUES, CHALLENGES AND SOLUTIONS, VOLS 1 AND 2, 2003, : 1064 - 1065
  • [39] Does corporate diversification retrench the effects of firm-level political risk?
    Hassan, M. Kabir
    Karim, M. Sydul
    Mukherjee, Tarun
    FINANCIAL REVIEW, 2023, 58 (04) : 663 - 702
  • [40] Agglomeration economies and firm-level labor misallocation
    Fontagne, Lionel
    Santoni, Gianluca
    JOURNAL OF ECONOMIC GEOGRAPHY, 2019, 19 (01) : 251 - 272
12345