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Alcohol culture and employee treatment

Author

Listed:
  • Wang, Jiaxin
  • Guo, Xu
  • Sun, Di
  • Huang, Rui

Abstract

This paper examines the impact of corporate alcohol culture on employee treatment, and find that a rich corporate alcohol culture atmosphere is negative significantly associated with employee treatment. Mechanistically, the corporate alcohol culture increases the aggressiveness motivation of management, in turn increasing risk taking and management overconfidence. Furthermore, the corporate alcohol culture extends managing external social network rather than developing interpersonal relationships, which causes management to less focus on protecting employees' rights and interests. Notably, the inhibitory impact of corporate alcohol culture on employee treatment is particularly pronounced in non-state-owned enterprises (non-SOEs), male-dominated industries, and firms with high entertainment expenditure rates. These insights underscore the nuanced dynamics of alcohol culture within corporate settings and its implications for employee welfare and organizational behavior.

Suggested Citation

  • Wang, Jiaxin & Guo, Xu & Sun, Di & Huang, Rui, 2024. "Alcohol culture and employee treatment," International Review of Financial Analysis, Elsevier, vol. 96(PB).
    • Handle: RePEc:eee:finana:v:96:y:2024:i:pb:s1057521924006331
    DOI: 10.1016/j.irfa.2024.103701
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