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Sharing the risk at the expense of power: paying wages in equity to face the Covid-19

Abstract : This paper aims to discuss which basic implications firms need to be aware of if they decide to include equity shares as a part of salary payments in order for them to tackle financial risks due to the COVID-19 crisis, benefiting with better liquidity. We discuss this alternative from the strand of potential financial benefits, but also include a power perspective, emphasizing how firms could share with employees their decision-making processes as well as part of their position of traditional hegemony. We concluded that firms’ decision regarding this financial alternative fits into a short-term benefit and at the same time threatens a long run position of power.
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https://hal.archives-ouvertes.fr/hal-03027259
Contributor : Nicolas Aubert <>
Submitted on : Friday, November 27, 2020 - 9:34:09 AM
Last modification on : Saturday, November 28, 2020 - 3:27:00 AM

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  • HAL Id : hal-03027259, version 1

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Nicolas Aubert, Miguel Cordova. Sharing the risk at the expense of power: paying wages in equity to face the Covid-19. 2020. ⟨hal-03027259⟩

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