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Harvard Business Review: When treating workers well leads to more innovation


A paper published in the Journal of Financial Economics earlier this year found that firms that offered stock options to non-executive employees were more innovative, and suggested that the relationship was causal.

Dr Xin Chang’s article “Non-executive employee stock options and corporate innovation”, co-authored by Kangkang Fu, Angie Low and Wenrui Zhang, is referenced in an HBR story on the benefit to a company’s levels of innovation that results when their employees are well-treated. Dr Xin (Simba) Chang is a University Senior Lecturer in Finance at Cambridge Judge Business School.

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