haku: @freeterm board composition / yhteensä: 4
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Tekijä:Guedri, Z.
Hollandts, X.
Otsikko:Beyond dichotomy: the curvilinear impact of employee ownership on firm performance
Lehti:Corporate governance
2008 : SEP, VOL. 16:5, p. 460-474
Asiasana:France
company performance
board of directors
Vapaa asiasana:board composition
employee ownership
employee representation
Kieli:eng
Tiivistelmä:This study examines the impact of employee stock ownership (herein as: empl-o-s.) and board employee representation on firm performance (f-perf).
Using a sample of 230 French firms during from 2000 to 2005 provide support for an inverted U-shaped relationship btw. e-o-s. and accounting-based performance measures. However, this relationship is not supported by a used market-based performance measure. It is also found that the inflection point of the inverted U-shaped relationship btw. e-o-s. and f-perf. is not dependent upon the level of employee representation on the board.
SCIMA tietueen numero: 274576
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