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Asset redeployability and employee performance

Author

Listed:
  • Brid Murphy

    (Dublin City University)

  • Li Sun

    (Collins College of Business, The University of Tulsa)

Abstract

We examine the impact of holding more redeployable assets on employee performance, measured as employee productivity. Using a large panel sample, we find a significant positive relation between asset redeployability and employee performance, suggesting that employees in firms with more redeployable assets demonstrate higher productivity. In addition, we decompose the employee productivity into two components, namely labor efficiency and cost components, and uncover that asset redeployability is significantly and positively related to both components.

Suggested Citation

  • Brid Murphy & Li Sun, 2023. "Asset redeployability and employee performance," International Journal of Disclosure and Governance, Palgrave Macmillan, vol. 20(2), pages 185-199, June.
    • Handle: RePEc:pal:ijodag:v:20:y:2023:i:2:d:10.1057_s41310-022-00158-0
    DOI: 10.1057/s41310-022-00158-0
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    References listed on IDEAS

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    More about this item

    Keywords

    Asset redeployability; Employee performance; Employee productivity;
    All these keywords.

    JEL classification:

    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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