Vol 1, No 2 (2013)

Employee share ownership plan, Managerial Entrenchment and Social Performance: Some Empirical Evidence in the French Context

Anis Jarboui

Abstract

The purpose of this study is to examine whether employee stock ownership plans (ESOPs) and CEO entrenchment affect social performance. Our central question: does employees’ participation in the system of corporate governance (shareholding and presence in the boards of directors and supervisory boards) influence social performance in the context of manager’s active behavior? The findings contribute to explain the social performance and they have implications for firms that decide to engage in ESOP plans in French context

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Keywords

Employee stock ownership plans; Board of directors; CEO entrenchment; Social performance; France

Publication information

Volume 1, Issue 2
Year of Publication: 2013
ISSN: 1857 - 8721
Publisher: EDNOTERA

How to cite

Jarboui A.: Employee share ownership plan, Managerial Entrenchment and Social Performance: Some Empirical Evidence in the French Context. Journal of Applied Economics and Business, Vol 1, No. 2, 58-73. (2013)