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Worker information and firm disclosure: Analysis of French workplace data

Corinne Perraudin, Héloïse Petit and Antoine Reberioux

No 1105, CEPREMAP Working Papers (Docweb) from CEPREMAP

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.

Keywords: worker information; corporate governance; firm disclosure; workplace data (search for similar items in EconPapers)
JEL-codes: C21 G39 J53 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2011-05
New Economics Papers: this item is included in nep-bec, nep-hrm and nep-lab
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