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Abstract Based on the company financial reports and employee reviews on the Glassdoor platform, a new data source, this paper introduces the competitive value framework and employs the Word2vec model to mine out the company’s declared culture and employee perception culture from two types of texts in the perspective of corporate culture. On this basis, a new measurement of employee-organization fit is proposed. Then we examine the impact of employee-organization fit and employee online rating (measuring employee satisfaction) on company value. The results show that: under the new measurement method, there is a certain difference between the company’s declared culture and employees’ perceived culture on the whole, and the employee-organization fit of most companies is at a high level; employee online rating and employee-organization fit have a positive impact on company value, and the latter will enhance the role of the former in promoting the value of the company.
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Received: 23 December 2022
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