Happy analysts

DOI

10.1016/j.aos.2020.101199

Document Type

Journal Article

Publication Date

4-1-2021

Publication Title

Accounting, Organizations and Society

Volume

90

ISSN

3613682

Keywords

All-star, Analysts, Glassdoor, Job satisfaction, Labor market, Performance, Promotion, Social media, Work-life balance

Abstract

This paper is the first to investigate the role of work-life balance in financial analysts’ performance and career advancement. Using a large sample of Glassdoor reviews by financial analysts, we find a significant non-linear relation between perceived work-life balance and analyst performance and analyst career advancement. Specifically, when perceived work-life balance is relatively low, an increase in work-life balance is associated with better analyst performance and career advancement; however, when perceived work-life balance is already high, a further increase in work-life balance is associated with worse analyst performance and career advancement.

Open Access

Green Accepted

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