The Influence of Stock Market Listing on Human Resource Management: Evidence for France and Britain

Cambridge Centre for Business Research Working Paper No. 366

47 Pages Posted: 20 Sep 2011  

Neil Conway

University of London - Birkbeck College

Suzanne J. Konzelmann

University of London - Birkbeck College - Faculty of Social Sciences, School of Management and Organizational Psychology; University of Cambridge - Faculty of Social and Political Sciences

Héloïse Petit

affiliation not provided to SSRN

Antoine Reberioux

Université Paris VII Denis Diderot; University Antilles Guyane - Faculty of Law and Economics

Frank Wilkinson

University of London - Birkbeck College

Simon Deakin

University of Cambridge - Centre for Business Research (CBR); European Corporate Governance Institute (ECGI); University of Cambridge - Faculty of Law

Multiple version iconThere are 2 versions of this paper

Date Written: June 1, 2008

Abstract

[enter Abstract Body]We use data from REPONSE 2004 and WERS 2004 to analyze whether
approaches to HRM differ according to whether an establishment is part of a company with a stock exchange listing. In both countries we find that listing is positively associated with team working and performance-related pay, while in France, but not in Britain, it is also linked to worker autonomy and training. Our findings are inconsistent with the claim that shareholder pressure operates as a constraint on the adoption of high-performance workplace practices. The pattern is similar in the two countries, but with a slightly stronger tendency for listing to be associated with high-performance workplace practices in France.

Keywords: corporate governance, human resource management, employment relations

JEL Classification: G32, G38, K22, K31, J53, J88

Suggested Citation

Conway, Neil and Konzelmann, Suzanne J. and Petit, Héloïse and Reberioux, Antoine and Wilkinson, Frank and Deakin, Simon, The Influence of Stock Market Listing on Human Resource Management: Evidence for France and Britain (June 1, 2008). Cambridge Centre for Business Research Working Paper No. 366. Available at SSRN: https://ssrn.com/abstract=1930849 or http://dx.doi.org/10.2139/ssrn.1930849

Neil Conway (Contact Author)

University of London - Birkbeck College ( email )

School of Management and Organizational Psychology
Malet Street
London WC1E 7HX
United Kingdom

Suzanne J. Konzelmann

University of London - Birkbeck College - Faculty of Social Sciences, School of Management and Organizational Psychology ( email )

Malet Street
Bloomsbury
London, WC1E 7HX
United Kingdom
+44 (0) 207 631 6799 (Phone)

HOME PAGE: http://www.bbk.ac.uk/management/our-staff/academics/konzelmann

University of Cambridge - Faculty of Social and Political Sciences ( email )

ESRC Centre for Business Research
Cambridge, CB2 1TN
United Kingdom
+44 1223 337733 (Phone)

Héloïse Petit

affiliation not provided to SSRN

No Address Available

Antoine Reberioux

Université Paris VII Denis Diderot

2, place Jussieu
Paris, 75005
France

University Antilles Guyane - Faculty of Law and Economics ( email )

Pointe à Pitre
France

Frank Wilkinson

University of London - Birkbeck College ( email )

Department of Management
London WC1E 7HX
United Kingdom

Simon F. Deakin

University of Cambridge - Centre for Business Research (CBR) ( email )

Top Floor, Judge Business School Building
Trumpington Street
Cambridge, CB2 1AG
United Kingdom
+ 44 1223 335243 (Phone)

European Corporate Governance Institute (ECGI)

c/o ECARES ULB CP 114
B-1050 Brussels
Belgium

HOME PAGE: http://www.ecgi.org

University of Cambridge - Faculty of Law ( email )

10 West Road
Cambridge, CB3 9DZ
United Kingdom

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