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The Stock Market and Human Resource Management: Evidence from a Survey of French Establishments

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Author Info
Corinne Perraudin
Héloïse Petit
Antoine Rebérioux
Abstract

This article examines the influence of equity ownership structure (stock market listing and identity of shareholders) on human resource management practices. The empirical analysis uses the 2004-2005 Workplace Industrial Relations Survey (REPONSE survey), based on a sample of 2930 establishments with 20 employees or more, representative of the French private sector. Our findings confirm the importance of listing and, to a lesser extent, of the identity of shareholders as determinants of human resource management practices, considering temporary work arrangements (agency work, fixed-term contracts and sub-contracting), pay policy (wage levels and use of variable pay) and training expenditures. JEL Codes ? G34, J3, M5.

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Publisher Info
Article provided by De Boeck Université in its journal Recherches économiques de Louvain.

Volume (Year): 74 (2008)
Issue (Month): 4 ()
Pages: 541-581
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Handle: RePEc:cai:reldbu:rel_744_0541

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Related research
Keywords: corporate governance; ownership of equity capital; human resource management;

Find related papers by JEL classification:
G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
M5 - Business Administration and Business Economics; Marketing; Accounting - - Personnel Economics

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This page was last updated on 2009-12-4.


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