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- ISIDORE Id: 10670/1.be039c...
- hal: hal-03353701
- doi: 10.1016/j.jebo.2021.05.027
- PII: S0167-2681(21)00213-4
- WOS: 000684548500004
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info:eu-repo/semantics/altIdentifier/doi/10.1016/j.jebo.2021.05.027
http://creativecommons.org/licenses/by-nc/ , info:eu-repo/semantics/OpenAccess
Mots-clés
Social pressure Employment contracts Adjustment costs CEO reputation R.R1.R12 J - Labor and Demographic Economics/J.J2 - Demand and Supply of Labor/J.J2.J23 - Labor Demand J - Labor and Demographic Economics/J.J4 - Particular Labor Markets/J.J4.J41 - Labor Contracts M - Business Administration and Business Economics • Marketing • Accounting • Personnel Economics/M.M1 - Business Administration/M.M1.M14 - Corporate Culture • Diversity • Social Responsibility M - Business Administration and Business Economics • Marketing • Accounting • Personnel Economics/M.M5 - Personnel Economics/M.M5.M55 - Labor Contracting Devices R - Urban, Rural, Regional, Real Estate, and Transportation Economics/R.R1 - General Regional Economics/R.R1.R12 - Size and Spatial Distributions of Regional Economic Activity -fin]Sujets proches
Contract law Contracts--Law and legislation Contractual limitations Limitations, Contractual AgreementsCiter ce document
Andrea Bassanini et al., « Escaping social pressure: Fixed-term contracts in multi-establishment firms », HAL SHS (Sciences de l’Homme et de la Société), ID : 10.1016/j.jebo.2021.05.027
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Résumé
We develop a simple theoretical model showing that, by adding to the adjustment costs associated with permanent contracts, local social pressure against dismissals creates an incentive for CEOs to rely on fixed-term contracts, in an attempt to escape social pressure. Using linked employer-employee data, we show that establishments located closer to headquarters have higher shares of fixed-term contracts in hiring than those located further away whenever firms' headquarters are located in self-centered communities and the CEO not only works but also lives there. We show that these findings can only be explained by local social pressure.
