The influence of employee share ownership on CSR performance. The case of SBF 120 listed companies

The influence of employee share ownership on CSR performance. The case of SBF 120 listed companies

This paper analyses the influence of employee ownership on French companies’ CSR performance. Based on a sample of 102 companies from the SBF 120 stock index over the period 2012-2021, the results show that employee ownership has a positive influence on overall CSR performance, social and governance...

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Foilsithe in:URI:https://journals.openedition.org/fcs,
Príomhchruthaitheoirí: Moustabchir, Oussama, Khenissi, Mohamed, Juban, Jean-Yves
Formáid: Article ou chapitre numérique
Teanga:Anglais
Foilsithe / Cruthaithe: Finance Contrôle Stratégie 2024
Ábhair:
performance
parties prenantes
RSE
actionnariat salarié
droits de vote
stakeholders
CSR
employee share ownership
voting rights
Rochtain ar líne:Accès Université d'Orléans et IFPM
Accès Université d'Orléans et IFPM
id openedition-oai:revues.org:fcs_12862
record_format openedition
spelling openedition-oai:revues.org:fcs_12862 https://doi.org/10.4000/12nii urn:doi:10.4000/12nii en https://journals.openedition.org/fcs/12862 2024-11-10T01:00:00Z info:eu-repo/semantics/openAccess article info:eu-repo/semantics/article urn:handle:20.500.13089/12nii https://creativecommons.org/licenses/by-sa/4.0/ The influence of employee share ownership on CSR performance. The case of SBF 120 listed companies Finance Contrôle Stratégie Association FCS info:eu-repo/semantics/reference/issn/2261-5512 info:eu-repo/semantics/reference/issn/1287-1141 URI:https://journals.openedition.org/fcs Moustabchir, Oussama Khenissi, Mohamed Juban, Jean-Yves performance parties prenantes RSE actionnariat salarié droits de vote performance stakeholders CSR employee share ownership voting rights This paper analyses the influence of employee ownership on French companies’ CSR performance. Based on a sample of 102 companies from the SBF 120 stock index over the period 2012-2021, the results show that employee ownership has a positive influence on overall CSR performance, social and governance performance in particular. Our results also show that employee ownership only becomes a lever for environmental performance when employees hold a high or even majority level of their company's capital. Our study highlights the fact that development of employee ownership enhances companies' CSR efforts. These results are robust under two alternative measurements of employee ownership. Cet article analyse l’influence de l’actionnariat salarié sur la performance RSE des entreprises françaises. En nous appuyant sur un échantillon de 102 sociétés appartenant à l’indice boursier SBF 120 sur la période allant de 2012 à 2021, les résultats obtenus montrent que l’actionnariat salarié influence positivement la performance globale en matière de RSE, en particulier la performance sociale et de gouvernance. Nous montrons également que l’actionnariat salarié ne devient un véritable levier de la performance environnementale que lorsque les salariés détiennent un niveau significatif, voire majoritaire, du capital de leur entreprise. Notre étude met ainsi en évidence que le développement de l’actionnariat salarié valorise les efforts des entreprises en matière de RSE. Ces résultats apparaissent robustes à l’utilisation de deux mesures alternatives de l’actionnariat salarié.
collection OpenEdition Journal
language Anglais
format Article ou chapitre numérique
building 0/Bibliothèque numérique/
1/Bibliothèque numérique/OpenEdition Journals/
topic performance
parties prenantes
RSE
actionnariat salarié
droits de vote
performance
stakeholders
CSR
employee share ownership
voting rights
spellingShingle performance
parties prenantes
RSE
actionnariat salarié
droits de vote
performance
stakeholders
CSR
employee share ownership
voting rights
Moustabchir, Oussama
Khenissi, Mohamed
Juban, Jean-Yves
The influence of employee share ownership on CSR performance. The case of SBF 120 listed companies
description This paper analyses the influence of employee ownership on French companies’ CSR performance. Based on a sample of 102 companies from the SBF 120 stock index over the period 2012-2021, the results show that employee ownership has a positive influence on overall CSR performance, social and governance performance in particular. Our results also show that employee ownership only becomes a lever for environmental performance when employees hold a high or even majority level of their company's capital. Our study highlights the fact that development of employee ownership enhances companies' CSR efforts. These results are robust under two alternative measurements of employee ownership.
author Moustabchir, Oussama
Khenissi, Mohamed
Juban, Jean-Yves
author_facet Moustabchir, Oussama
Khenissi, Mohamed
Juban, Jean-Yves
author_sort Moustabchir, Oussama
title The influence of employee share ownership on CSR performance. The case of SBF 120 listed companies
title_short The influence of employee share ownership on CSR performance. The case of SBF 120 listed companies
title_full The influence of employee share ownership on CSR performance. The case of SBF 120 listed companies
title_fullStr The influence of employee share ownership on CSR performance. The case of SBF 120 listed companies
title_full_unstemmed The influence of employee share ownership on CSR performance. The case of SBF 120 listed companies
title_sort influence of employee share ownership on csr performance. the case of sbf 120 listed companies
publisher Finance Contrôle Stratégie
publishDate 2024
container_title URI:https://journals.openedition.org/fcs
url https://ezproxy.univ-orleans.fr/login?url=https://doi.org/10.4000/12nii
https://ezproxy.univ-orleans.fr/login?url=https://journals.openedition.org/fcs/12862
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