Does employee happiness create value for firm performance?

Abstract This study examines the impact of employee happiness on firm performance in the UK using data from the “Best 100 British Companies to Work For” list (2001–2020). Applying the Carhart four-factor model to monthly data, we find that happier firms outperform the market, generating a monthly al...

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Bibliographic Details
Main Author: Ihlas Sovbetov
Format: Article
Language:English
Published: Springer Nature 2025-05-01
Series:Humanities & Social Sciences Communications
Online Access:https://doi.org/10.1057/s41599-025-05024-2
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