IDEAS home Printed from
MyIDEAS: Login to save this paper or follow this series

Introduction des actions gratuites en droit français et évolution des pratiques de rémunération en actions

  • Chloé Guillot-Soulez


    (CEREFIGE - Centre Européen de Recherche en Economie Financière et Gestion des Entreprises - Université Nancy II - Université de Metz)

Registered author(s):

    Jusqu'en 2005, les entreprises françaises n'avaient le droit d'attribuer qu'une seule forme de rémunération en actions : les stock-options. Depuis 2005, elles ont le choix entre stock-options et actions gratuites. La recherche s'interroge sur les conséquences de ce changement à travers l'analyse des 800 plans introduits entre 2001 et 2011 par les entreprises du CAC40. Les résultats montrent que les actions gratuites sont entrées dans les pratiques des entreprises mais sans entraîner la disparition des stock-options dans la mesure où les deux mécanismes renvoient à des logiques d'attribution différentes.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Paper provided by HAL in its series Post-Print with number halshs-00863638.

    in new window

    Date of creation: 02 May 2013
    Date of revision:
    Handle: RePEc:hal:journl:halshs-00863638
    Note: View the original document on HAL open archive server:
    Contact details of provider: Web page:

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

    as in new window
    1. Philippe Desbrières, 1999. "Motifs et conséquences de l'adoption des stock-options," Working Papers CREGO 0991101, Université de Bourgogne - CREGO EA7317 Centre de recherches en gestion des organisations.
    2. James H. Irving & Wayne R. Landsman & Bradley P. Lindsey, 2011. "The Valuation Differences Between Stock Option and Restricted Stock Grants for US Firms," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 38(3-4), pages 395-412, 04.
    3. Brian J. Hall & Kevin J. Murphy, 2003. "The Trouble with Stock Options," Journal of Economic Perspectives, American Economic Association, vol. 17(3), pages 49-70, Summer.
    4. Brian J. Hall & Kevin J. Murphy, 2003. "The Trouble with Stock Options," NBER Working Papers 9784, National Bureau of Economic Research, Inc.
    5. Huddart, Steven & Lang, Mark, 1996. "Employee stock option exercises an empirical analysis," Journal of Accounting and Economics, Elsevier, vol. 21(1), pages 5-43, February.
    6. Ginglinger, Edith, 2005. "Stocks options ou actions gratuites : quels effets incitatifs pour les dirigeants ?," Economics Papers from University Paris Dauphine 123456789/2902, Paris Dauphine University.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:hal:journl:halshs-00863638. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CCSD)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.