How Shared Capitalism Affects Employee Withdrawal: An Econometric Case Study Of A French-Listed Company
Nicolas Aubert () and
Xavier Hollandts ()
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Xavier Hollandts: CRCGM et IFGE - Kedge Business School - Kedge BS - Kedge Business School
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Abstract:
The academic literature emphasizes that shared capitalism positively affects employees' attitudes at work. This paper investigates that issue by testing the relationship between shared capitalism and withdrawal behaviors (turnover and absenteeism). Recent literature interprets shared capitalism as a gift exchange between employers and employees. This paper builds on that literature. The analysis, based on an econometric case study, focuses on a five-year panel dataset of more than 800 subsidiaries belonging to a unique French-listed company. Our results show that only long-term shared capitalism translates into better withdrawal behaviors.
Keywords: Employee Ownership; Shared Capitalism; Profit Sharing Turnover Absenteeism (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-hme and nep-hrm
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01256759v2
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Published in Journal of Applied Business Research, 2015, ⟨10.19030/jabr.v31i3.9226⟩
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-01256759
DOI: 10.19030/jabr.v31i3.9226
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