Publication Type
Working Paper
Version
publishedVersion
Publication Date
6-2024
Abstract
This study investigates the effect of a firm’s indoor environment quality (IEQ) on its information production. Leveraging a third-party sustainability building rating system that provides IEQ scores for office buildings, we first show that employees in a firm’s headquarters with better IEQ scores are more likely to leave positive building-related feedback on Glassdoor, indicating employees’ recognition and appreciation of a workplace with superior IEQ. Next, we find robust evidence that firms headquartered in buildings with better IEQ issue more frequent and more accurate management forecasts. Furthermore, we show that a firm’s commitment to better IEQ (1) enhances occupational wellbeing of employees, (2) stimulates their workplace efforts, and (3) facilitates retaining high-quality personnel. Taken together, our study suggests that a firm’s implicit commitments to the workplace environment have significant value in shaping a firm’s information production.
Keywords
employee treatment, ESG, green building, indoor environment quality, management forecast
Discipline
Accounting | Business Administration, Management, and Operations
Research Areas
Corporate Reporting and Disclosure
First Page
1
Last Page
75
Publisher
SSRN
Citation
HUANG, Summer Rui; LI, Leonard Leye; LU, Louise Yi; and WANG, Rencheng.
Implicit commitments to workplace environment and corporate information production: Evidence from indoor environment quality. (2024). 1-75.
Available at: https://ink.library.smu.edu.sg/soa_research/2071
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4894690&dgcid=ejournal_htmlemail_singapore%3Amanagement%3Auniversity%3Aschool%3Aof%3Aaccountancy%3Aresearch%3Apaper%3Aseries_abstractlink
