000			01802cam a2200277 4500500
005			20250112060715.0
041			_afre
042			_adc
100	1	0	_aPiluso, Nicolas _eauthor
245	0	0	_aThe effect of shareholder governance on employment and unemployment: A literature review
260			_c2024.
500			_a100
520			_aThe purpose of this article is to analyze, by means of a literature review, the impact of shareholder governance on employment and unemployment. Specifically, it aims to identify all the transmission channels studied, which range from the financial profitability standard demanded by shareholders to their effects on employment levels. Both empirical and theoretical studies indicate that the emphasis on financial returns imposed by shareholders has a detrimental effect on employment. Several mechanisms have been put forward to explain this phenomenon, such as a crowding-out effect on productive investment or risk-shifting from shareholders to employees. In other words, while shareholder governance has the potential to improve corporate performance, it often only does so in the short term, as the resulting lack of investment and job creation deprive firms of productivity gains and productive capacity in the longer term.
690			_aemployment
690			_aprofitability standard
690			_acorporate governance
690			_aunemployment
690			_aproductive investment
690			_aemployment
690			_aprofitability standard
690			_acorporate governance
690			_aunemployment
690			_aproductive investment
786	0		_nResponsible Organization Review | 19 | 1 | 2024-03-15 | p. 43-54 | 1951-0187
856	4	1	_uhttps://shs.cairn.info/journal-responsible-organization-review-2024-1-page-43?lang=en
999			_c223820 _d223820