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Worker information and firm disclosure: Analysis of French workplace data

Author

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  • Perraudin, Corinne
  • Petit, Héloïse
  • Rebérioux, Antoine

Abstract

Information disclosure requirements significantly increased in French listed companies in the early 2000s, converging toward the U.S./U.K. stock market standards. Following the burgeoning literature on relations between corporate governance and labor, we investigate the consequences of this process regarding worker information: does more information for shareholders mean more information for workers? We take advantage of a French (representative) establishment survey that generates linked ‘employer–employee representative’ information at two points in time, 1998 and 2004. Our results strongly suggest that worker information has improved in listed companies but not in private ones, as an externality of the financialization process.

Suggested Citation

  • Perraudin, Corinne & Petit, Héloïse & Rebérioux, Antoine, 2011. "Worker information and firm disclosure: Analysis of French workplace data," CEPREMAP Working Papers (Docweb) 1105, CEPREMAP.
    • Handle: RePEc:cpm:docweb:1105
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    References listed on IDEAS

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    More about this item

    Keywords

    worker information; corporate governance; firm disclosure; workplace data;
    All these keywords.

    JEL classification:

    • J53 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Labor-Management Relations; Industrial Jurisprudence
    • G39 - Financial Economics - - Corporate Finance and Governance - - - Other
    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models

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