JOURNAL ARTICLE

The value of talents.

  • Published In: Financial Review, 2025, v. 60, n. 1. P. 261 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Sabah, Nasim; Thompson, Linh; Wei, Zuobao 3 of 3

Abstract

We exploit Employment Non‐Discrimination Acts, Paid Family Medical Leave Acts, and Lilly Ledbetter Fair Pay Act as quasi‐natural experiments to study the value of talents. Our findings suggest that firms with larger capacity to secure and maintain talent pipelines enjoy higher valuations. We further identify a channel through which talents increase firm value: innovation. The value of talents is more significant among high innovation intensity industries in which talents exhibit their value most evidently. Our findings also indicate that talents are costly to obtain and replace. [ABSTRACT FROM AUTHOR]

Additional Information

  • Source:Financial Review. 2025/02, Vol. 60, Issue 1, p261
  • Document Type:Article
  • Subject Area:Law
  • Publication Date:2025
  • ISSN:0732-8516
  • DOI:10.1111/fire.12411
  • Accession Number:182078882
  • Copyright Statement:Copyright of Financial Review is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. 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.)

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