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Press article, video or other popular media (2001), Les Echos

La face cachée de la participation

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.