The determinants of investment in employee owned firms: evidence from France

Estrin, Saul ORCID: 0000-0002-3447-8593 and Jones, D. (1992) The determinants of investment in employee owned firms: evidence from France. CEPDP (87). London School of Economics and Political Science. Centre for Economic Performance, London, UK.

Full text not available from this repository.

Abstract

In this paper we use a large panel data set to test competing hypotheses about investment in employee owned firms (EOFs), especially the view that EOFs will invest less. Most of the variables stressed by labour-management theorists as inhibiting investment are found not to play any role in practice, but the volume of investment is found to be positively associated with the share of investment funded externally. This highlights the crucial role of external finance in supporting investments in EOFs.

Item Type:	Monograph (Discussion Paper)
Official URL:	http://cep.lse.ac.uk
Additional Information:	© 1992 the authors
Divisions:	Management
Subjects:	H Social Sciences > HD Industries. Land use. Labor
Date Deposited:	20 Aug 2008 16:04
Last Modified:	13 Sep 2024 19:33
URI:	http://eprints.lse.ac.uk/id/eprint/21040

Actions (login required)

View Item