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http://dx.doi.org/10.5762/KAIS.2014.15.10.6029

Analysis of the Relationship between Employee Benefits Spending and Business Performance -Focused on KOSPI-  

Oh, Jung (Division of Economics and Commerce, Hoseo University)
Lim, Eung-Soon (Department of Economics, Hannam University)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.15, no.10, 2014 , pp. 6029-6035 More about this Journal
Abstract
This study examined the Efficiency Wage Hypothesis. For this study, the time series data of 171 companies was checked carefully from 2000 to 2011 to determine the relationship between employee benefits spending and business performance. Advanced research showed that the employee benefits affect the corporate performance. On the other hand, they did not examine whether the employee benefits can be one the factors affecting business performance. Therefore, causality analysis of employee benefits spending and business performance was performed. This study shows that employee benefits spending can be a factor of the business performance.
Keywords
Business performance; Efficiency Wage Hypothesis; Employee benefits;
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