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Actionnariat salarié et création de valeur dans le cadre d'une gouvernance actionnariale et partenariale : application au contexte français
No full textThe present thesis investigates the nature of relationship between the employee stock ownership and the wealth creation, in the framework of the shareholder governance and the stakeholder governance. Results indicate a non linear relation between both the employee stock ownership and the shareholder value creation taking an inversed-U form. In fact, a positive relation associates these variables for low levels of employee stock ownership. Starting from a level of 3%, the relation became negative. Results notice also a positive impact of employee stock ownership plan on the share of value allocated to employees when the percentage of employee stock ownership is significant. Under than 3% the employee stock ownership and the voting rights held by the employees presents a non significant impact. The principal results on the influence of certain mechanisms of control on the studied relationship between the employee stock ownership plan and the wealth creation are summarized as follows : Beyond the legal strategic level of 33%, the concentration of capital seems to have a positive moderating effect on the relation employee stock ownership plan – shareholder wealth creation and the relation employee stock ownership plan - share of the wealth allocated to the employees. The management ownership if exceeds the legal strategic level of 33% seems to exert a negative moderating effect on the relation between employee stock ownership and shareholder wealth creation but a positive one on the relation between the employee stock ownership and the share of the wealth allocated to the employees. The presence of the employees’ shareholder in the board of directors moderates negatively the relationship between the employee stock ownership plan and the shareholder wealth creation and positively that between the employee stock ownership plan and the share of the wealth allocated to the employees.Cette thèse a pour objectif de démêler la nature de la relation entre « actionnariat salarié » et « création de valeur », dans le cadre de la gouvernance actionnariale et partenariale. Les principaux résultats dégagés montrent que la relation entre « actionnariat salarié » et « création de valeur actionnariale » est curvilinéaire prenant la forme de U-inversé : elle est positive pour des niveaux faibles d’actionnariat salarié et négative si le pourcentage de droits de vote revenant aux salariés dépasse 3%. Aussi, un effet positif de l’ « actionnariat salarié » sur la « part de la valeur créée allouée aux salariés » est constaté, et ce uniquement pour un actionnariat salarié significatif. Au dessous du taux de 3%, le pourcentage du capital et le pourcentage des droits de vote détenus par les salariés ne montrent aucune influence significative. Quant à l’étude de l’influence de certains mécanismes de contrôle sur la relation étudiée, les principaux résultats dégagés se résument comme suit : Au-delà du seuil stratégique légal de 33%, la concentration du capital semble avoir un effet de modération positif sur la relation actionnariat salarié - création de valeur actionnariale et la relation actionnariat salarié - part de la valeur créée allouée aux salariés. La propriété managériale, si elle dépasse le seuil stratégique légal de 33%, semble modérer négativement la relation actionnariat salarié - création de valeur actionnariale et positivement la relation actionnariat salarié - part de la valeur créée allouée aux salariés. La participation de salariés actionnaires au conseil modère négativement la relation entre « actionnariat salarié » et « création de valeur actionnariale » ; alors qu’elle modère positivement la relation entre « actionnariat salarié » et « part de la valeur créée allouée aux salariés »
Employee stock ownership and value creation in shareholders and stockholders governance frameworks : the French case
No full textCette thèse a pour objectif de démêler la nature de la relation entre « actionnariat salarié » et « création de valeur », dans le cadre de la gouvernance actionnariale et partenariale. Les principaux résultats dégagés montrent que la relation entre « actionnariat salarié » et « création de valeur actionnariale » est curvilinéaire prenant la forme de U-inversé : elle est positive pour des niveaux faibles d’actionnariat salarié et négative si le pourcentage de droits de vote revenant aux salariés dépasse 3%. Aussi, un effet positif de l’ « actionnariat salarié » sur la « part de la valeur créée allouée aux salariés » est constaté, et ce uniquement pour un actionnariat salarié significatif. Au dessous du taux de 3%, le pourcentage du capital et le pourcentage des droits de vote détenus par les salariés ne montrent aucune influence significative. Quant à l’étude de l’influence de certains mécanismes de contrôle sur la relation étudiée, les principaux résultats dégagés se résument comme suit : Au-delà du seuil stratégique légal de 33%, la concentration du capital semble avoir un effet de modération positif sur la relation actionnariat salarié - création de valeur actionnariale et la relation actionnariat salarié - part de la valeur créée allouée aux salariés. La propriété managériale, si elle dépasse le seuil stratégique légal de 33%, semble modérer négativement la relation actionnariat salarié - création de valeur actionnariale et positivement la relation actionnariat salarié - part de la valeur créée allouée aux salariés. La participation de salariés actionnaires au conseil modère négativement la relation entre « actionnariat salarié » et « création de valeur actionnariale » ; alors qu’elle modère positivement la relation entre « actionnariat salarié » et « part de la valeur créée allouée aux salariés ».The present thesis investigates the nature of relationship between the employee stock ownership and the wealth creation, in the framework of the shareholder governance and the stakeholder governance. Results indicate a non linear relation between both the employee stock ownership and the shareholder value creation taking an inversed-U form. In fact, a positive relation associates these variables for low levels of employee stock ownership. Starting from a level of 3%, the relation became negative. Results notice also a positive impact of employee stock ownership plan on the share of value allocated to employees when the percentage of employee stock ownership is significant. Under than 3% the employee stock ownership and the voting rights held by the employees presents a non significant impact. The principal results on the influence of certain mechanisms of control on the studied relationship between the employee stock ownership plan and the wealth creation are summarized as follows : Beyond the legal strategic level of 33%, the concentration of capital seems to have a positive moderating effect on the relation employee stock ownership plan – shareholder wealth creation and the relation employee stock ownership plan - share of the wealth allocated to the employees. The management ownership if exceeds the legal strategic level of 33% seems to exert a negative moderating effect on the relation between employee stock ownership and shareholder wealth creation but a positive one on the relation between the employee stock ownership and the share of the wealth allocated to the employees. The presence of the employees’ shareholder in the board of directors moderates negatively the relationship between the employee stock ownership plan and the shareholder wealth creation and positively that between the employee stock ownership plan and the share of the wealth allocated to the employees
Going Beyond Counting First Authors in Author Co-citation Analysis
Get PDFThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Variations on the Author
Get PDF“Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship
Appropriate Similarity Measures for Author Cocitation Analysis
Get PDFWe provide a number of new insights into the methodological discussion about author cocitation analysis. We first argue that the use of the Pearson correlation for measuring the similarity between authors’ cocitation profiles is not very satisfactory. We then discuss what kind of similarity measures may be used as an alternative to the Pearson correlation. We consider three similarity measures in particular. One is the well-known cosine. The other two similarity measures have not been used before in the bibliometric literature. Finally, we show by means of an example that our findings have a high practical relevance.information science;Pearson correlation;cosine;similarity measure;author cocitation analysis
Dispelling the Myths Behind First-author Citation Counts
Get PDFWe conducted a full-scale evaluative citation analysis study of scholars in the XML research field to explore just how different from each other author rankings resulting from different citation counting methods actually are, and to demonstrate the capability of emerging data and tools on the Web in supporting more realistic citation counting methods. Our results contest some common arguments for the continued
use of first-author citation counts in the evaluation of scholars, such as high correlations between author rankings by first-author citation counts and other citation
counting methods, and high costs of using more realistic citation counting methods that are not well-supported by the ISI databases. It is argued that increasingly available digital full text research papers make it possible for citation analysis studies to go beyond what the ISI databases have directly supported and to employ more
sophisticated methods
koamabayili/VECTRON-author-checklist: VECTRON author checklist
No full textWe have done our best to complete the author checklist relating to the use of animals in the hut study. Note that the objective for the hut study was to evaluate the IRS treatment applications for residual efficacy against Anopheles mosquitoes, including the local An. coluzzii mosquito population. Cows were only used to attract mosquitoes into the huts and no tests were carried out directly on the cows. The author checklist is intended for use with studies where experiments are carried out on animals, which is why we have had such difficulty in completing this for the hut study, as many of the questions do not relate to how the cows were used
Author-wise bibliometric analysis based on entropy.
No full textAuthor-wise bibliometric analysis based on entropy.</p
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