Information Sharing of Sensitive Business Data with Employees

This study reexamines the determinants and consequences of publicly traded manufacturing firms sharing sensitive business data with their producation employees. Using more detailed information sharing variables, we find that providing a variety of types of information is associated with higher compensation, that firms are less likely to share relatively more senistive information with employees, and that sharing future market strategies is negatively related to various measures of firm profitability. The implications for firm and public policies are also discussed.