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

  • Corinne Perraudin
  • Héloïse Petit
  • Antoine Rebérioux
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    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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    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
    Contact details of provider: Web page: http://www.cairn.info/revue-recherches-economiques-de-louvain.htm

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