Equal Employment Opportunity Law and Firm Profitability.

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  • Additional Information
    • NAICS/Industry Codes:
      923130 Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs)
      541612 Human Resources Consulting Services
    • Abstract:
      Based on a sample of 260 cases reported in the Wall Street Journal between 1964 and 1986, this study finds that the equity value of firms charged with violating equal employment opportunity (EEO) laws fell at the time that a suit, decision, or settlement was announced. Most dramatically, the value of firms involved in class action suits fell 15.6 percent on average around the time of the suit. Further, the average loss to shareholders exceeds the amount firms are required to spend to settle the case. This may be due to the expected costs of changing employment practices or to the information about the firm's management that is revealed by the case. [ABSTRACT FROM AUTHOR]
    • Abstract:
      Copyright of Journal of Human Resources is the property of University of Wisconsin Press and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
    • Author Affiliations:
      1Assistant professor, University of Wyoming
    • ISSN:
      0022-166X
    • Accession Number:
      10.2307/145719
    • Accession Number:
      4856429
  • Citations
    • ABNT:
      HERSCH, J. Equal Employment Opportunity Law and Firm Profitability. Journal of Human Resources, [s. l.], v. 26, n. 1, p. 139–153, 1991. DOI 10.2307/145719. Disponível em: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=bth&AN=4856429&custid=s6224580. Acesso em: 8 ago. 2020.
    • AMA:
      Hersch J. Equal Employment Opportunity Law and Firm Profitability. Journal of Human Resources. 1991;26(1):139-153. doi:10.2307/145719
    • APA:
      Hersch, J. (1991). Equal Employment Opportunity Law and Firm Profitability. Journal of Human Resources, 26(1), 139–153. https://doi.org/10.2307/145719
    • Chicago/Turabian: Author-Date:
      Hersch, Joni. 1991. “Equal Employment Opportunity Law and Firm Profitability.” Journal of Human Resources 26 (1): 139–53. doi:10.2307/145719.
    • Harvard:
      Hersch, J. (1991) ‘Equal Employment Opportunity Law and Firm Profitability’, Journal of Human Resources, 26(1), pp. 139–153. doi: 10.2307/145719.
    • Harvard: Australian:
      Hersch, J 1991, ‘Equal Employment Opportunity Law and Firm Profitability’, Journal of Human Resources, vol. 26, no. 1, pp. 139–153, viewed 8 August 2020, .
    • MLA:
      Hersch, Joni. “Equal Employment Opportunity Law and Firm Profitability.” Journal of Human Resources, vol. 26, no. 1, Winter 1991, pp. 139–153. EBSCOhost, doi:10.2307/145719.
    • Chicago/Turabian: Humanities:
      Hersch, Joni. “Equal Employment Opportunity Law and Firm Profitability.” Journal of Human Resources 26, no. 1 (Winter 1991): 139–53. doi:10.2307/145719.
    • Vancouver/ICMJE:
      Hersch J. Equal Employment Opportunity Law and Firm Profitability. Journal of Human Resources [Internet]. 1991 Winter [cited 2020 Aug 8];26(1):139–53. Available from: http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=bth&AN=4856429&custid=s6224580