Abstract
Companies have been known to reduce their costs by reducing their spending on employee benefits, but in the last decade there has been an increasing interest on how these decisions affect not just employee productivity and turnover, but also overall shareholder wealth and company profitability. This thesis seeks to answer whether companies that have a greater focus on their employee welfare and satisfaction are more financially stable and profitable than their competitors. The research and analysis consists of 40 companies, 20 highly rated by their employees paired with 20 of the worst companies according to employee opinion and benefits. Each pair must consist of comparable companies based on their industry and size. All companies are also part of Fortune 1000 and must be publicly traded. After conducting multiple tests on the data collected for each company and industry, the results support the hypothesis of a positive correlation between employee spending and shareholder wealth.
Thesis Completion
2015
Semester
Fall
Advisor
Gilkeson, James H.
Degree
Bachelor of Science in Business Administration (B.S.B.A.)
College
College of Business Administration
Department
Finance
Degree Program
Finance
Subjects
Business Administration -- Dissertations, Academic; Dissertations, Academic -- Business Administration
Format
Identifier
CFH0004865
Language
English
Access Status
Open Access
Length of Campus-only Access
None
Document Type
Honors in the Major Thesis
Recommended Citation
Threlfall, Alison M., "The Effects on Shareholder Wealth for Companies that Invest in Their Employees" (2015). HIM 1990-2015. 1886.
https://stars.library.ucf.edu/honorstheses1990-2015/1886