L’influence du contexte de travail des salariés sur la participation aux plans d’achat d’actions de l’entreprise

Abstract : Employee share ownership is a central element of companies' compensation policy. It usually contributes to support the performance of companies both economically and socially. In this paper, we suggest, contrary to the literature, that employees' turnover and absenteeism can encourage companies to develop employee ownership in order to discourage their employees' withdrawal behavior i.e. turnover and absenteeism. We test our hypotheses through an econometric case study of a listed French construction. Our data, measured at the individual level in different subsidiaries, covers 15,000 employees over five years. Our results show that employees' turnover and absenteeism are significantly associated with the investment of employees in their company stock. Our results thus shed new light on the determinants of employee ownership investment, considering in particular that a different causality can be investigated.
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https://hal.archives-ouvertes.fr/hal-02045358
Contributor : Nicolas Aubert <>
Submitted on : Wednesday, March 6, 2019 - 2:58:22 PM
Last modification on : Thursday, May 2, 2019 - 3:36:03 PM
Long-term archiving on : Friday, June 7, 2019 - 6:22:54 PM

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  • HAL Id : hal-02045358, version 1

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Nicolas Aubert, Xavier Hollandts. L’influence du contexte de travail des salariés sur la participation aux plans d’achat d’actions de l’entreprise. Entreprise & société, Classiques Garnier, 2019. ⟨hal-02045358⟩

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