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Worker Information and Firm Disclosure Analysis on French Linked Employer-Employee Data

Author

Listed:
  • Corinne Perraudin

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Héloïse Petit

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

  • Antoine Rebérioux

    (EconomiX - EconomiX - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique)

Abstract

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.

Suggested Citation

  • Corinne Perraudin & Héloïse Petit & Antoine Rebérioux, 2013. "Worker Information and Firm Disclosure Analysis on French Linked Employer-Employee Data," Post-Print hal-00706668, HAL.
    • Handle: RePEc:hal:journl:hal-00706668
    DOI: 10.1111/irel.12014
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Antoine Rebérioux & Gwenaël Roudaut, 2019. "The Role of Rookie Female Directors in a Post‐Quota Period: Gender Inequalities within French Boards," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 58(3), pages 423-483, July.
    2. François Belot & Timothée Waxin, 2017. "Labor Conflicts in French Workplaces: Does (the Type of) Family Control Matter?," Journal of Business Ethics, Springer, vol. 146(3), pages 591-617, December.
    3. Michel Aglietta & Antoine Rebérioux, 2012. "Financialisation and the Firm," Chapters, in: Michael Dietrich & Jackie Krafft (ed.), Handbook on the Economics and Theory of the Firm, chapter 23, Edward Elgar Publishing.
    4. Loris Guery & Anne Stévenot, 2017. "L’actionnariat salarié favorise-t-il la diffusion d’information aux salariés et leur participation aux décisions stratégiques ? Une question de gouvernance d’entreprise," Post-Print hal-02500129, HAL.
    5. Mathieu Floquet & Pierre Labardin, 2014. "Les déterminants de la sous-traitance de la fonction comptable dans les entreprises françaises," Post-Print hal-01899426, HAL.
    6. Patricia Crifo & Antoine Rebérioux, 2016. "Corporate governance and corporate social responsibility: a typology of OECD countries," Post-Print halshs-01591993, HAL.
    7. Crettez, Bertrand & Deffains, Bruno & Musy, Olivier, 2014. "Legal convergence and endogenous preferences," International Review of Law and Economics, Elsevier, vol. 39(C), pages 20-27.

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    More about this item

    Keywords

    information sharing; firm disclosure; corporate governance; job satisfaction; linked employer employee data;
    All these keywords.

    JEL classification:

    • J53 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Labor-Management Relations; Industrial Jurisprudence
    • G39 - Financial Economics - - Corporate Finance and Governance - - - Other
    • J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy
    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models

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