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

Corinne Perraudin, Héloïse Petit and Antoine Reberioux

Recherches économiques de Louvain, 2008, vol. 74, issue 4, 541-581

Abstract: 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.

Keywords: corporate governance; ownership of equity capital; human resource management (search for similar items in EconPapers)
JEL-codes: G34 J3 M5 (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (9)

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Working Paper: The Stock Market and Human Resource Management: Evidence from a Survey of French Establishments (2008)
Working Paper: The Stock Market and Human Resource Management: Evidence from a Survey of French Establishments (2008)
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