The objectives of the recently enacted French law on employee stock ownership plans are mainly to redistributed wealth in a fair manner and to better motivate employees. This article points out some unexpected consequences of the law which have been ignored by the legislator: the cost of the riskier compensation scheme and the tax advantage given by the already favored sectors.
CHARLETY-LEPERS, P. and CONTENSOU, F. (2001). La face cachée de la participation. Les Echos.