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gouvernance d'entreprise

Recherches Économiques de Louvain/ Louvain Economic Review (1)

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The Stock Market and Human Resource Management: Evidence from a Survey of French Establishments
Corinne Perraudin, Héloïse Petit, Antoine Rebérioux
Journal:

Recherches Économiques de Louvain/ Louvain Economic Review / Volume 74 / Issue 4 / 2008

Published online by Cambridge University Press:

17 August 2016, pp. 541-581

Print publication:

2008
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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.