Does the Stock Market Fully Value Intangibles? Employee Satisfaction and Equity Prices

[1]  Shimon Kogan,et al.  Investor Inattention and the Market Impact of Summary Statistics , 2011, Manag. Sci..

[2]  Tobias Kretschmer,et al.  ARE FAMILY FRIENDLY WORKPLACE PRACTICES A VALUABLE FIRM RESOURCE , 2011 .

[3]  Morina. Kurniawan,et al.  Common risk factors in the returns on stocks : empirical evidence from Singapore. , 2011 .

[4]  Alex W. H. Chan.  Merton, Robert C. , 2010 .

[5]  Kent L. Womack,et al.  What Drives the Value of Analysts' Recommendations: Earnings Estimates or Discount Rate Estimates? , 2010 .

[6]  D. Kidd,et al.  The Price of Sin: The Effects of Social Norms on Markets , 2010 .

[7]  Alex Edmans,et al.  Blockholder Trading, Market Efficiency, and Managerial Myopia , 2009 .

[8]  R. Freeman,et al.  Introduction to "International Differences in the Business Practice and Productivity of Firms" , 2009 .

[9]  StatmanMeir,et al.  The Wages of Social Responsibility , 2009 .

[10]  C. Syverson,et al.  Technological Change and the Growing Inequality in Managerial Compensation , 2009 .

[11]  M. Statman,et al.  The Wages of Social Responsibility , 2008 .

[12]  Jiro Yoshida.  Is Socially Responsible Investment Profitable , 2008 .

[13]  Holger M. Mueller,et al.  Corporate Governance, Product Market Competition, and Equity Prices , 2008 .

[14]  Chendi Zhang,et al.  The price of ethics and stakeholder governance: The performance of socially responsible mutual funds , 2008 .

[15]  Levon Goukasian,et al.  Corporate Socially Responsible Firms Perform Well! Evidence from Financial and Operating Performances , 2008 .

[16]  Affect in a Behavioral Asset-Pricing Model , 2008 .

[17]  Kenneth L. Fisher,et al.  Affect in a Behavioral Asset-Pricing Model , 2008 .

[18]  C. Goenner.  Investing in Fortune's 100 Best Companies to Work for in America , 2008 .

[19]  C. Syverson,et al.  IT, Corporate Payouts, and the Growing Inequality in Managerial Compensation , 2008 .

[20]  Simon Gervais,et al.  Work Ethic, Employment Contracts, and Firm Value , 2009 .

[21]  D. Yermack,et al.  Where are the Shareholders Mansions? Ceos Home Purchases, Stock Sales, and Subsequent Company Performance , 2007 .

[22]  E. Fama,et al.  Dissecting Anomalies , 2007 .

[23]  E. Fama,et al.  Average Returns, B/M, and Share Issues , 2007 .

[24]  Alexandre Mas,et al.  Labor Unrest and the Quality of Production: Evidence from the Construction Equipment Resale Market , 2007 .

[25]  Richard Stanton,et al.  Human Capital, Bankruptcy and Capital Structure , 2007 .

[26]  Kenneth L. Fisher,et al.  Stocks of Admired Companies and Despised Ones , 2007 .

[27]  M. Schr.  Is there a Difference? The Performance Characteristics of SRI Equity Indices , 2007 .

[28]  Alex Edmans.  Blockholders, Market E¢ ciency, and Managerial Myopia , 2007 .

[29]  Daniel H. Simon,et al.  Do the best companies to work for provide better customer satisfaction , 2006 .

[30]  Jerold B. Warner,et al.  Security Issue Timing: What Do Managers Know, and When Do They Know it? , 2006 .

[31]  A. Falk,et al.  The hidden costs of control , 2006 .

[32]  S. Klein,et al.  Does Weak Governance Cause Weak Stock Returns? An Examination of Firm Operating Performance and Investors’ Expectations , 2006 .

[33]  Bernadette A. Minton,et al.  How Has CEO Turnover Changed? Increasingly Performance Sensitive Boards and Increasingly Uneasy CEOS , 2006 .

[34]  T. Kretschmer,et al.  Work-Life Balance: the Links with Management Practices and Productivity , 2006 .

[35]  O. Faleye,et al.  Is What's Best for Employees Best for Shareholders? , 2006 .

[36]  Tobias Kretschmer,et al.  Work-Life Balance, Management Practices and Productivity , 2006 .

[37]  Ronald W. Masulis,et al.  Corporate Governance and Acquirer Returns , 2007 .

[38]  Michael Schröder,et al.  Is There a Difference? The Performance Characteristics of SRI Equity Indices , 2007 .

[39]  Mattias Nilsson,et al.  Do Entrenched Managers Pay Their Workers More? , 2005 .

[40]  Eric Zitzewitz,et al.  Do Ads Influence Editors? Advertising and Bias in the Financial Media , 2005 .

[41]  Chris Brooks,et al.  Corporate Social Performance and Stock Returns: UK Evidence from Disaggregate Measures , 2005 .

[42]  David Yermack,et al.  Flights of Fancy: Corporate Jets, CEO Perquisites, and Inferior Shareholder Returns , 2004 .

[43]  Gary B. Gorton,et al.  CAPITAL, LABOR, AND THE FIRM: A STUDY OF GERMAN CODETERMINATION , 2004 .

[44]  John E. Core,et al.  Does Weak Governance Cause Weak Stock Returns? An Examination of Firm Operating Performance and Investors' Expectations , 2004 .

[45]  Rob Bauer,et al.  The Eco-Efficiency Premium Puzzle , 2004 .

[46]  B. Lev.  Sharpening the intangibles edge. , 2004, Harvard business review.

[47]  I. Fulmer,et al.  ARE THE 100 BEST BETTER? AN EMPIRICAL INVESTIGATION OF THE RELATIONSHIP BETWEEN BEING A “GREAT PLACE TO WORK” AND FIRM PERFORMANCE , 2003 .

[48]  S. Mullainathan,et al.  Enjoying the Quiet Life? Corporate Governance and Managerial Preferences , 2003, Journal of Political Economy.

[49]  J. Tirole,et al.  Intrinsic and Extrinsic Motivation , 2003 .

[50]  Greg Filbeck,et al.  Fortune's Best 100 Companies to Work for in America: Do They Work for Shareholders? , 2003 .

[51]  Russ Wermers,et al.  Is Money Really 'Smart'? New Evidence on the Relation between Mutual Fund Flows, Manager Behavior, and Performance Persistence , 2003 .

[52]  Kewei Hou,et al.  Market Frictions, Price Delay, and the Cross-Section of Expected Returns , 2003 .

[53]  Milton Moskowitz,et al.  100 best companies to work for. , 2003, Fortune.

[54]  P. Joy,et al.  Gompers, and Andrew Metrick. , 2003 .

[55]  R. Thaler,et al.  A Survey of Behavioral Finance , 2002 .

[56]  M. Pagano,et al.  Managers, Workers, and Corporate Control , 2002 .

[57]  Rob Bauer,et al.  International Evidence on Ethical Mutual Fund Performance and Investment Style , 2002 .

[58]  Xianming Zhou.  Understanding the determinants of managerial ownership and the link between ownership and performance: comment , 2001 .

[59]  Shlomo Benartzi,et al.  Excessive Extrapolation and the Allocation of 401(k) Accounts to Company Stock , 2001 .

[60]  Paul A. Gompers,et al.  CORPORATE GOVERNANCE AND EQUITY PRICES , 2002 .

[61]  T. Wong,et al.  Why Do New Issues and High-Accrual Firms Underperform: The Role of Analysts' Credulity , 2001 .

[62]  Terence Lim,et al.  Rationality and Analysts' Forecast Bias , 2001 .

[63]  Gur Huberman,et al.  Contagious Speculation and a Cure for Cancer: A Nonevent that Made Stock Prices Soar , 2001 .

[64]  T. Palva,et al.  Pages 1-19 , 2001 .

[65]  Alison M. Konrad,et al.  The impact of work‐life programs on firm productivity , 2000 .

[66]  Terry C. Blum,et al.  Work-family human resource bundles and perceived organizational performance , 2000 .

[67]  Jeffrey Wurgler,et al.  Does Arbitrage Flatten Demand Curves for Stocks? , 2000 .

[68]  John C. Easterwood,et al.  Inefficiency in Analysts' Earnings Forecasts: Systematic Misreaction or Systematic Optimism? , 1999 .

[69]  Josef Lakonishok,et al.  The Stock Market Valuation of Research and Development Expenditures , 1999 .

[70]  F. Narin,et al.  Science and Technology as Predictors of Stock Performance , 1999 .

[71]  Raghuram G. Rajan,et al.  The Firm as a Dedicated Hierarchy: A Theory of the Origin and Growth of Firms , 1998 .

[72]  B. Lev,et al.  The Value-Relevance of Intangibles: The Case of Software Capitalization , 1998 .

[73]  R. S. M. Lau,et al.  A Win-Win Paradigm for Quality of Work Life and Business Performance. [and] Invited Reaction: Comments on Lau and May's Study. , 1998 .

[74]  Tarun Chordia,et al.  Alternative factor specifications, security characteristics, and the cross-section of expected stock returns , 1998 .

[75]  Jeffrey B. Liebman,et al.  Are CEOS Really Paid Like Bureaucrats , 1998 .

[76]  Paul A. Gompers,et al.  Institutional Investors and Equity Prices , 1998 .

[77]  Terence Lim,et al.  Bad News Travels Slowly: Size, Analyst Coverage and the Profitability of Momentum Strategies , 1998 .

[78]  R. Levering,et al.  The 100 best companies to work for in America. , 1984, Fortune.

[79]  John B. Guerard,et al.  Is There a Cost to Being Socially Responsible in Investing , 1997 .

[80]  Anand M. Vijh,et al.  Do Long‐Term Shareholders Benefit From Corporate Acquisitions? , 1997 .

[81]  Kent D. Daniel,et al.  Measuring mutual fund performance with characteristic-based benchmarks , 1997 .

[82]  John B. Guerard,et al.  Is There a Cost to Being Socially Responsible in Investing? , 1997 .

[83]  Mark M. Carhart.  On Persistence in Mutual Fund Performance , 1997 .

[84]  Tyler Shumway.  The Delisting Bias in CRSP Data , 1997 .

[85]  Jeffrey B. Liebman,et al.  Are CEOS Really Paid Like Bureaucrats? , 1997 .

[86]  E. Fama,et al.  Industry costs of equity , 1997 .

[87]  Luigi Zingales,et al.  Power in a Theory of the Firm , 1996 .

[88]  George T. Milkovich,et al.  The effect of human resource reputation signals on share prices: An event study , 1996 .

[89]  Socially Screened Portfolios , 1996 .

[90]  Mark A. Huselid,et al.  The Impact of Human Resource Management Practices on Perceptions of Organizational Performance , 1996 .

[91]  Kent D. Daniel,et al.  NBER WORKING PAPER SERIES EVIDENCE ON THE CHARACTERISTICS OF CROSS SECTIONAL VARIATION IN STOCK RETURNS , 1996 .

[92]  B. Lev,et al.  The capitalization, amortization, and value-relevance of R&D , 1996 .

[93]  Abagail McWilliams,et al.  The Resource-Based View of the Firm , 1995 .

[94]  Ivo Welch,et al.  The Effect of Socially Activist Investment Policies on the Financial Markets: Evidence from the South African Boycott , 1995 .

[95]  Josef Lakonishok,et al.  Good News for Value Stocks: Further Evidence on Market Efficiency , 1995 .

[96]  D. Spiess,et al.  Underperformance in long-run stock returns following seasoned equity offerings , 1995 .

[97]  Tim Loughran,et al.  The New Issues Puzzle , 1995 .

[98]  J. D. Diltz,et al.  Does Social Screening Affect Portfolio Performance? , 1995 .

[99]  Jeffrey Pfeffer,et al.  Competitive advantage through people : unleashing the power of the work force , 1995 .

[100]  Theo Vermaelen,et al.  Market Underreaction to Open Market Share Repurchases , 1994 .

[101]  Roni Michaely,et al.  Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift? , 1994 .

[102]  M. Statman,et al.  Doing Well While Doing Good? The Investment Performance of Socially Responsible Mutual Funds , 1993 .

[103]  Christopher G. Luck,et al.  Domini Social Index Performance , 1993 .

[104]  Josef Lakonishok,et al.  Contrarian Investment, Extrapolation, and Risk , 1993 .

[105]  Tim Loughran,et al.  NYSE vs NASDAQ returns: Market microstructure or the poor performance of initial public offerings? , 1993 .

[106]  Gautam Kaul,et al.  Long‐Term Market Overreaction or Biases in Computed Returns? , 1993 .

[107]  E. Fama,et al.  Common risk factors in the returns on stocks and bonds , 1993 .

[108]  A. Kohn.  Why incentive plans cannot work , 1993 .

[109]  Sheridan Titman,et al.  On Persistence in Mutual Fund Performance , 1997 .

[110]  G. Mandelker,et al.  The Post-Merger Performance of Acquiring Firms: A Re-examination of an Anomaly , 1992 .

[111]  M. Porter,et al.  Capital disadvantage: America's failing capital investment system. , 1992, Harvard business review.

[112]  Richard W. McEnally,et al.  Cross-Sectional Variation in Common Stock Returns , 1992 .

[113]  J. Ritter.  The Long-Run Performance of Initial Public Offerings , 1991 .

[114]  Josef Lakonishok,et al.  Anomalous Price Behavior Around Repurchase Tender Offers , 1990 .

[115]  Andrei Shleifer,et al.  Equilibrium Short Horizons of Investors and Firms , 1990 .

[116]  Jeremy C. Stein,et al.  Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior , 1989 .

[117]  J. Abowd.  The Effect of Wage Bargains on the Stock Market Value of the Firm , 1989 .

[118]  Victor L. Bernard,et al.  POST-EARNINGS-ANNOUNCEMENT DRIFT - DELAYED PRICE RESPONSE OR RISK PREMIUM , 1989 .

[119]  Jeremy C. Stein,et al.  Takeover Threats and Managerial Myopia , 1988, Journal of Political Economy.

[120]  R. C. Merton,et al.  Presidential Address: A simple model of capital market equilibrium with incomplete information , 1987 .

[121]  Andrei Shleifer,et al.  Do Demand Curves for Stocks Slope Down , 1986 .

[122]  W. Newey,et al.  A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelationconsistent Covariance Matrix , 1986 .

[123]  Janet L. Yellen,et al.  Efficiency Wage Models of the Labor Market , 1986 .

[124]  M. P. Narayanan,et al.  Managerial Incentives for Short-term Results , 1985 .

[125]  H. Demsetz,et al.  The Structure of Corporate Ownership: Causes and Consequences , 1985, Journal of Political Economy.

[126]  B. Wernerfelt,et al.  A Resource-Based View of the Firm , 1984 .

[127]  M. Weitzman.  The Share Economy , 1984 .

[128]  C. Shapiro,et al.  Equilibrium Unemployment as a Worker Discipline Device , 1984 .

[129]  S. Piereson,et al.  In Search of Excellence: Lessons from America's Best-Run Companies. By Thomas J. Peters and Robert H. Waterman, Jr. New York: Harper & Row, 1982 , 1983 .

[130]  R. H. Waterman,et al.  In Search of Excellence , 1983 .

[131]  George A. Akerlof.  Labor Contracts as Partial Gift Exchange , 1982 .

[132]  Stephen F. LeRoy,et al.  The Present-Value Relation: Tests Based on Implied Variance Bounds , 1981 .

[133]  D. Richard,et al.  LeROY, and PORTER, . The Present-Value Relation: Tests Based on Implied Variance Bounds, Econometrica, , . , 1981 .

[134]  A. Friedman.  Industry and Labour: Class Struggle at Work and Monopoly Capitalism , 1980 .

[135]  William R. Kinney,et al.  Capital market seasonality: The case of stock returns , 1976 .

[136]  M. C. Jensen,et al.  THEORY OF THE FIRM: MANAGERIAL BEHAVIOR, AGENCY COSTS AND OWNERSHIP STRUCTURE , 1976 .

[137]  U. Renker.  [Motivation for work]. , 1975, Zeitschrift fur die gesamte Hygiene und ihre Grenzgebiete.

[138]  Stephen A. Marglin,et al.  What Do Bosses Do? , 1974 .

[139]  E. Fama,et al.  Risk, Return, and Equilibrium: Empirical Tests , 1973, Journal of Political Economy.

[140]  Myron S. Scholes.  The Market for Securities: Substitution Versus Price Pressure and the Effects of Information on Share Prices , 1972 .

[141]  E. Fama,et al.  Risk, Return, and Equilibrium , 1971, Journal of Political Economy.

[142]  R. Cyert,et al.  Theory of the Firm , 1966 .

[143]  D. Mcgregor.  The Human Side of Enterprise , 1960 .

[144]  F. Herzberg,et al.  The motivation to work , 1960 .

[145]  A. Stuart,et al.  Portfolio Selection: Efficient Diversification of Investments , 1959 .

[146]  H. Hotelling.  Edgeworth's Taxation Paradox and the Nature of Demand and Supply Functions , 1932, Journal of Political Economy.

[147]  Frederick Winslow Taylor,et al.  科学管理原理=The principles of scientific management , 2014 .