Do work-life balance measures influence the profitability of Spanish listed companies?
Purpose: This paper analyses the effect on economic profitability of the adoption of work-life balance practices. Design/Methodology/Approach: Based on a sample of Spanish listed companies during the period 2015-2019, the aim was to contrast the effect of a work-life balance index on economic profit...
| Authors: | , , |
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| Format: | article |
| Publication Date: | 2024 |
| Country: | España |
| Institution: | Universitat Politècnica de Catalunya (UPC) |
| Repository: | UPCommons. Portal del coneixement obert de la UPC |
| Language: | English |
| OAI Identifier: | oai:upcommons.upc.edu:2117/408060 |
| Online Access: | https://hdl.handle.net/2117/408060 https://dx.doi.org/10.3926/ic.2550 |
| Access Level: | Open access |
| Keyword: | Work-life balance Performance Industrial management Corporate work-life balance measures Listed companies Spain Conciliació de la vida personal i laboral Rendiment Empreses -- Direcció i administració Àrees temàtiques de la UPC::Economia i organització d'empreses::Gestió i direcció |
| Summary: | Purpose: This paper analyses the effect on economic profitability of the adoption of work-life balance practices. Design/Methodology/Approach: Based on a sample of Spanish listed companies during the period 2015-2019, the aim was to contrast the effect of a work-life balance index on economic profitability. Findings: The regression analysis clustered at firm level, shows a positive and significant effect of the index on economic profitability, suggesting that companies' practices to achieve a work-life balance can be a source of motivation for their human resources. Originality/Value: Investigating the consequences of work-life balance practices at company level not at individual level and, performing a longitudinal study as opposed to cross-sectional studies, more frequent in the literature. Adding evidence in a Continental European country, Spain, as opposed to previous studies carried out mainly in Anglo-Saxon countries so like considering the work-life balances actually used by listed firms in the Spanish market |
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