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Labor investment inefficiency and LGBTQ+-friendliness

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Labor investment inefficiency and LGBTQ+-friendliness. / Schopohl, Lisa ; Urquhart, Andrew; Zhang, Hanxiong.
Yn: International Review of Financial Analysis, 14.07.2024.

Allbwn ymchwil: Cyfraniad at gyfnodolyn › Erthygl › adolygiad gan gymheiriaid

HarvardHarvard

Schopohl, L, Urquhart, A & Zhang, H 2024, 'Labor investment inefficiency and LGBTQ+-friendliness', International Review of Financial Analysis.

APA

Schopohl, L., Urquhart, A., & Zhang, H. (yn y wasg). Labor investment inefficiency and LGBTQ+-friendliness. International Review of Financial Analysis.

CBE

Schopohl L, Urquhart A, Zhang H. 2024. Labor investment inefficiency and LGBTQ+-friendliness. International Review of Financial Analysis.

MLA

Schopohl, Lisa , Andrew Urquhart, a Hanxiong Zhang. "Labor investment inefficiency and LGBTQ+-friendliness". International Review of Financial Analysis. 2024.

VancouverVancouver

Schopohl L, Urquhart A, Zhang H. Labor investment inefficiency and LGBTQ+-friendliness. International Review of Financial Analysis. 2024 Gor 14.

Author

Schopohl, Lisa ; Urquhart, Andrew ; Zhang, Hanxiong. / Labor investment inefficiency and LGBTQ+-friendliness. Yn: International Review of Financial Analysis. 2024.

RIS

TY - JOUR

T1 - Labor investment inefficiency and LGBTQ+-friendliness

AU - Schopohl, Lisa

AU - Urquhart, Andrew

AU - Zhang, Hanxiong

PY - 2024/7/14

Y1 - 2024/7/14

N2 - 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.

AB - 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.

M3 - Article

JO - International Review of Financial Analysis

JF - International Review of Financial Analysis

SN - 1057-5219

ER -