Analysis of the Relationship between Employee Benefits Spending and Business Performance -Focused on KOSPI-

기업의 복리후생비 지출과 경영성과 간의 관계분석 - Kospi기업을 중심으로 -

  • Oh, Jung (Division of Economics and Commerce, Hoseo University) ;
  • Lim, Eung-Soon (Department of Economics, Hannam University)
  • 정군오 (호서대학교 경제통상학부) ;
  • 임응순 (한남대학교 경제학과)
  • Received : 2014.07.02
  • Accepted : 2014.10.10
  • Published : 2014.10.31


This study examined the Efficiency Wage Hypothesis. For this study, the time series data of 171 companies was checked carefully from 2000 to 2011 to determine the relationship between employee benefits spending and business performance. Advanced research showed that the employee benefits affect the corporate performance. On the other hand, they did not examine whether the employee benefits can be one the factors affecting business performance. Therefore, causality analysis of employee benefits spending and business performance was performed. This study shows that employee benefits spending can be a factor of the business performance.


Business performance;Efficiency Wage Hypothesis;Employee benefits


Supported by : 호서대학교


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