Structure de propriété et partage de la valeur ajoutée : application aux entreprises françaises non financières du SBF120
Conflicts of interests between employees and shareholders mainly arise during the distribution of the value added since each party tends to maximize its share at the expense of the other. The objective of this paper is to determine, according to the firm’s ownership structure, whether employees’ rig...
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| Format: | Article |
| Language: | English |
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Association Recherche & Régulation
2012-12-01
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| Series: | Revue de la Régulation |
| Subjects: | |
| Online Access: | https://journals.openedition.org/regulation/9805 |
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| _version_ | 1832577917363683328 |
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| author | Moufida Labadi Mehdi Nekhili |
| author_facet | Moufida Labadi Mehdi Nekhili |
| author_sort | Moufida Labadi |
| collection | DOAJ |
| description | Conflicts of interests between employees and shareholders mainly arise during the distribution of the value added since each party tends to maximize its share at the expense of the other. The objective of this paper is to determine, according to the firm’s ownership structure, whether employees’ rights would affect the distribution of the value added. Using a sample of 84 large French companies during the period 2000-2005, our study shows that the number of signed agreements between the company and employees’ representatives positively affects the share of wealth allocated to employees. Also, we find that the number of employees’ representatives benefits the shareholders in particular within companies with dispersed ownership. The extent of layoffs improves shareholders’ value-added and reduces the part distributed to employees in companies with higher ownership concentration. Ownership structure thus affects the balance of power between employees and shareholders. |
| format | Article |
| id | doaj-art-b51c6f8b84e240f19db1d8d7276557b1 |
| institution | Kabale University |
| issn | 1957-7796 |
| language | English |
| publishDate | 2012-12-01 |
| publisher | Association Recherche & Régulation |
| record_format | Article |
| series | Revue de la Régulation |
| spelling | doaj-art-b51c6f8b84e240f19db1d8d7276557b12025-01-30T14:27:20ZengAssociation Recherche & RégulationRevue de la Régulation1957-77962012-12-011210.4000/regulation.9805Structure de propriété et partage de la valeur ajoutée : application aux entreprises françaises non financières du SBF120Moufida LabadiMehdi NekhiliConflicts of interests between employees and shareholders mainly arise during the distribution of the value added since each party tends to maximize its share at the expense of the other. The objective of this paper is to determine, according to the firm’s ownership structure, whether employees’ rights would affect the distribution of the value added. Using a sample of 84 large French companies during the period 2000-2005, our study shows that the number of signed agreements between the company and employees’ representatives positively affects the share of wealth allocated to employees. Also, we find that the number of employees’ representatives benefits the shareholders in particular within companies with dispersed ownership. The extent of layoffs improves shareholders’ value-added and reduces the part distributed to employees in companies with higher ownership concentration. Ownership structure thus affects the balance of power between employees and shareholders.https://journals.openedition.org/regulation/9805ownership structuredistribution of value addedinterest conflictsemployees rights |
| spellingShingle | Moufida Labadi Mehdi Nekhili Structure de propriété et partage de la valeur ajoutée : application aux entreprises françaises non financières du SBF120 Revue de la Régulation ownership structure distribution of value added interest conflicts employees rights |
| title | Structure de propriété et partage de la valeur ajoutée : application aux entreprises françaises non financières du SBF120 |
| title_full | Structure de propriété et partage de la valeur ajoutée : application aux entreprises françaises non financières du SBF120 |
| title_fullStr | Structure de propriété et partage de la valeur ajoutée : application aux entreprises françaises non financières du SBF120 |
| title_full_unstemmed | Structure de propriété et partage de la valeur ajoutée : application aux entreprises françaises non financières du SBF120 |
| title_short | Structure de propriété et partage de la valeur ajoutée : application aux entreprises françaises non financières du SBF120 |
| title_sort | structure de propriete et partage de la valeur ajoutee application aux entreprises francaises non financieres du sbf120 |
| topic | ownership structure distribution of value added interest conflicts employees rights |
| url | https://journals.openedition.org/regulation/9805 |
| work_keys_str_mv | AT moufidalabadi structuredeproprieteetpartagedelavaleurajouteeapplicationauxentreprisesfrancaisesnonfinancieresdusbf120 AT mehdinekhili structuredeproprieteetpartagedelavaleurajouteeapplicationauxentreprisesfrancaisesnonfinancieresdusbf120 |