Employee Happiness and Financial Performance with Professor Alex Edmans

03/08/2020 19 min Episodio 18

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Episode Synopsis

28 years of data and found that firms with high employee satisfaction outperform their peers by 2.3% to 3.8% per year in long-run stock returns – 89% to 184% cumulative – even after controlling for other factors that drive returns. Moreover, the results suggest that it’s employee satisfaction that causes good performance, rather than good performance allowing a firm to invest in employee satisfaction. Alex answers the following questions; What makes you happy?Please tell us about your research Alex into workplace happiness?Why did you write Grow the Pie?How can HR and Finance work better at board level?