Labor investment inefficiency and LGBTQ+-friendliness
Allbwn ymchwil: Cyfraniad at gyfnodolyn › Erthygl › adolygiad gan gymheiriaid
Fersiynau electronig
Dogfennau
We study the effect of firms’ LGBTQ+-friendliness on their labor investment efficiency and find that an improvement in firms’ LGBTQ+-friendliness leads to greater labor investment inefficiencies, and that more LGBTQ+-friendly firms tend to underinvest in labor. However, we show that this relationship diminishes over time as societal and legal support for LGBTQ+ equal rights increases. A variety of firm and societal characteristics moderate the negative link between corporate LGBTQ+-friendliness and labor investment efficiency.
| Iaith wreiddiol | Saesneg |
|---|---|
| Cyfnodolyn | International Review of Financial Analysis |
| Statws | Wedi ei Dderbyn / Yn y wasg - 14 Gorff 2024 |