【报告主题】Implicit Commitments to Workplace Environment and Corporate Information Production: Evidence from Indoor Environment Quality
【主讲嘉宾】李乐野，悉尼新南威尔士大学商学院讲师
【报告时间】2024年9月10日 14:00
【报告地点】会计学院108室
【内容提要】
This study investigates the effect of a firm’s indoor environment quality (IEQ) on its information production. Leveraging a third-party sustainability building rating system that provides IEQ scores for office buildings, we first show that employees in a firm’s headquarters with better IEQ scores are more likely to leave positive building-related feedback on Glassdoor, indicating employees’ recognition and appreciation of a workplace with superior IEQ. Next, we find robust evidence that firms headquartered in buildings with better IEQ issue more frequent and more accurate management forecasts. Furthermore, we show that a firm’s commitment to better IEQ (1) enhances occupational wellbeing of employees, (2) stimulates their workplace efforts, and (3) facilitates retaining high-quality personnel. Taken together, our study suggests that a firm’s implicit commitments to the workplace environment have significant value in shaping a firm’s information production.