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Recruitment compensation gaps and firm value

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  • Yue, Haocheng
  • Li, Jingcheng

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.

Suggested Citation

  • Yue, Haocheng & Li, Jingcheng, 2025. "Recruitment compensation gaps and firm value," Finance Research Letters, Elsevier, vol. 79(C).
    • Handle: RePEc:eee:finlet:v:79:y:2025:i:c:s1544612325004684
    DOI: 10.1016/j.frl.2025.107205
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    References listed on IDEAS

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    Cited by:

    1. Liu, Yanmei & Ji, Zhenhua, 2025. "Internal pay gaps, female executives, and corporate organizational resilience," Finance Research Letters, Elsevier, vol. 85(PE).

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    More about this item

    Keywords

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    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access

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