Recruitment compensation gaps and firm value

Haocheng Yue and Jingcheng Li

Finance Research Letters, 2025, vol. 79, issue C

Abstract: Using recruitment information data of listed companies obtained from job platforms from 2014 to 2023, we examine the impact of recruitment compensation gaps on firm value. These findings indicate that compensation gaps in recruitment are not a manifestation of unfairness; rather, they exert a positive effect on companies, enhancing firm value. Further analysis concludes that the positive impact is pronounced for firms with higher market competition intensity.

Keywords: Recruitment; Compensation gaps; Firm value; Market competition intensity (search for similar items in EconPapers)
JEL-codes: C23 C81 G30 M51 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:79:y:2025:i:c:s1544612325004684

DOI: 10.1016/j.frl.2025.107205

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