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

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  • Corinne PERRAUDIN

    (Centre d’Etudes de l’Emploi and CES (CNRS and, Université Paris I))

  • Héloise PETIT

    (Centre d’Etudes de l’Emploi and CES (CNRS and, Université Paris I))

  • Antoine REBÉRIOUX

    (Economix (CNRS, Université Paris X))

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    Abstract

    This article examines the influence of equity ownership structure (stock market listing and identity of shareholders) on human ressource 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 pratices, considering temporary work arrangements (agency work, fixed-term contracts and sub-contracting), pay policy (wage levels and use of variable pay) and training expenditures.

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    File URL: http://sites.uclouvain.be/econ/DP/REL/2008044.pdf
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    Bibliographic Info

    Paper provided by Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES) in its series Discussion Papers (REL - Recherches Economiques de Louvain) with number 2008044.

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    Length: 21
    Date of creation: 01 Dec 2008
    Date of revision:
    Handle: RePEc:ctl:louvre:2008044

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    Related research

    Keywords: Corporate Governance; Ownership of equuity capital; human ressource management;

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