Does employee ownership reduce agency costs? Evidence from French listed companies

Employee stock ownership (ESO) is often associated with reductions in agency costs because it increases employee satisfaction and attachment to their company and aligns the interests of employees with those of their firm. Another stream of research argues that ESO may have the opposite effect on age...

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Hlavní autoři:	ABDELNOUR, Joseph, AUBERT, Nicolas, CAMPA, Domenico
Médium:	Artigo
Jazyk:	Inglês
Vydáno:	Association FCS 2022
Témata:	Actionnariat salarié Gouvernance d’entreprise Coûts d’agence Honoraires d’audit Partage du capital Responsabilité sociale de l’entreprise Corporate governance Agency costs Audit fees Employee stock ownership Shared capitalism Corporate social responsibility
On-line přístup:	https://doi.org/10.4000/fcs.10259 https://hdl.handle.net/20.500.13089/gau6 https://journals.openedition.org/fcs/10259
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