Employee well-being, firm leverage, and bankruptcy risk.

By Patrick Verwijmeren, Jeroen Derwall. 2010

260 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/c387eaa7637d2f49014d8313613781a2c4ae6ebe

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Citations in the corpus

Strategic CSR: A Concept Building Meta‐Analysis (2019, unknown): “, 2014) and firm default risk (Sun and Cui, 2014; Verwijmeren and Derwall, 2010) are both reduced by CSR activities.”
Corporate Social Responsibility and Firm Debt Maturity (2015, background): “This result is also in line with the findings of Verwijmeren and Derwall (2010), who state that firms strongly involved in employee wellbeing (one dimension of CSR in our study) are associated with high levels of equity.”
Are employee-friendly workplaces conducive to innovation? (2016, methodology): “With the exception of a small number of studies that examine the influence of employee welfare on leverage (Verwijmeren and Derwall, 2010; Bae et al., 2011), cash holdings (Ghaly et al.”
Cash holdings and employee welfare (2013, methodology): “More specifically, we calculate EWI by summing identified strengths and subtracting identified concerns included in the “Employee Relations” dimension in a given year (Verwijmeren and Derwall, 2010; Faleye and Trahan, 2011).”
ESG practices and the cost of debt: Evidence from EU countries (2019, background): “In this regard, prior studies employ leverage to control for default risk (e.g., Baker, Stein, & Wurgler, 2003; Verwijmeren & Derwall, 2010; Sun & Cui, 2014; Cheng, Ioannou, & Serafeim, 2014).”
Be nice to your innovators: employee treatment and corporate innovation performance (2016, methodology): “Following recent studies in corporate finance (Verwijmeren and Derwall, 2010; Faleye and Trahan, 2011; Edmans, 2011; Bae et al., 2011), we use the Kinder, Lydenberg, and Domini”
Employee Treatment and Firm Leverage: A Test of the Stakeholder Theory of Capital Structure (2011, unknown): “2 Verwijmeren and Derwall (2010) also examine the relation between”
Stakeholder relations and stock returns: On errors in investors' expectations and learning (2013, background): “…values (e.g., Dowell, Hart, and Yeung 2000, Konar and Cohen 2001, Jiao 2010), larger accounting profits (e.g., Russo and Fouts 1997, King and Lenox 2002, Jiao 2010), higher price-to-book ratios (Galema et al. 2008), and lower leverage ratios (Verwijmeren and Derwall 2010, Bae, Kang, and Wang 2011).”