Worker Information and Firm Disclosure Analysis on French Linked Employer-Employee Data
Corinne Perraudin (),
Héloïse Petit () and
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Corinne Perraudin: CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique
Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL
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? Our empirical analysis takes advantage of a French (representative) establishment survey that generates linked 'employer-employee' data at two points in time, 1998 and 2004. Our results strongly suggest that worker information has improved in listed companies as an externality of the financialization process. We find however that this extra information is only partially correlated with greater employee satisfaction.
Keywords: information sharing; firm disclosure; corporate governance; job satisfaction; linked employer employee data (search for similar items in EconPapers)
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Published in Industrial Relations, Wiley, 2013, 52 (1), pp.134-161. ⟨10.1111/irel.12014⟩
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Journal Article: Worker Information and Firm Disclosure Analysis on French Linked Employer–Employee Data (2013)
Working Paper: Worker Information and Firm Disclosure Analysis on French Linked Employer-Employee Data (2013)
Working Paper: Worker information and firm disclosure: Analysis on French linked employer-employee data (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:hal-00706668
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