Project description

Employment protection levels can forecast stock price crash risk as far as three years ahead, highlighting the enduring impact of labour protection on equity market stability. Employees play an important role as corporate stakeholders in monitoring their organisations� voluntary disclosure practices and financial reporting decisions. More specifically, they are at the frontlines regarding whistleblowing for corporate malfeasance and misbehaviour, which can have serious consequences for companies engaged in wrongdoing.

Project aims

Project outcome