Country of Origin Effects and New Financial Actors: Private Equity Investment and Work and Employment Practices of French Firms

Anne Stevenot, Loris Guery, Geoffrey Wood and Chris Brewster ()

British Journal of Industrial Relations, 2018, vol. 56, issue 4, 859-881

Abstract: This is a study of the effects of alternative investors on a range of work and employment practices in France, paying specific attention to whether investors are indigenous or not. We use data from a detailed survey of French firms, and set our research in the context of the literature on comparative capitalisms. We find that private equity (PE) investments from abroad are associated with greater job insecurity, less spending on training and lower wages, but French PE investments are not. We explore the reasons behind this variation and the implications for theory and practice.

Date: 2018
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https://doi.org/10.1111/bjir.12284

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Working Paper: Country of Origin Effects and New Financial Actors: Private Equity Investment and Work and Employment Practices of French Firms (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:bla:brjirl:v:56:y:2018:i:4:p:859-881

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