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- W2016004837 abstract "Research has shown that high-involvement work practices are positively related to corporate financial performance. However, it is unknown if investors are able to use information on high-involvement practices to predict the performance of specific companies. In this study, we examine earnings forecasts for a sample of Fortune 1000 firms and find professional stock analysts consistently underestimated the earnings of firms that made greater use of high-involvement practices during the 1990s. Based on data collected from newspaper articles and annual reports, we argue that these lower estimates resulted from a lack of information on innovative HR practices. Recommendations to managers for disseminating information on and leveraging highinvolvement HR practices are discussed. © 2006 Wiley Periodicals, Inc." @default.
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- W2016004837 date "2006-01-01" @default.
- W2016004837 modified "2023-09-27" @default.
- W2016004837 title "High-involvement work practices and analysts' forecasts of corporate earnings" @default.
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- W2016004837 doi "https://doi.org/10.1002/hrm.20130" @default.
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