Asset redeployability and employee performance

Brid Murphy () and Li Sun ()
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Brid Murphy: Dublin City University
Li Sun: Collins College of Business, The University of Tulsa

International Journal of Disclosure and Governance, 2023, vol. 20, issue 2, No 6, 185-199

Abstract: 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.

Keywords: Asset redeployability; Employee performance; Employee productivity (search for similar items in EconPapers)
JEL-codes: G31 G32 M40 M41 (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1057/s41310-022-00158-0

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