Statistical Estimation of the Information Influence Regarding Employees on the Romanian Firms Market Capitalization

Romanian listed companies report information regarding the efficiency of the labor force usage and the availability of working equipment. Such information can be useful to investors, with impact on the investment decision and on the market capitalization. The study proposes to analyze the influence of the information regarding the employees on the market capitalization of companies by using the generalized linear model. The observed sample consists of 70 Romanian listed companies between 2006 and 2011. The obtained results indicate a significant influence of the companies’ reported information regarding the employees and their results on the market capitalization