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

Listed author(s):
  • 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))

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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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
Handle: RePEc:ctl:louvre:2008044
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