Our objective is to test the consistency between share capital financialization, implementation of responsible restructuring and sustainable development policy, focusing more particularly on the implementation of corporate social commitments. In order to develop a model that puts these three processes (restructuring, financialization and social policy) in perspective, we proceed in two steps: we examine the consequences of financialization on both the restructurings and on HRM practices and then the consequences of restructurings due to financialization on employment, the evolution of labour management and the functioning of HRM as seen in management literature. The methodology used to test this model on the Accor Group case is presented.
Barreau, J. and Arnal, J. (2011), "Effects of Financialization on Restructuring and Sustainable Development Policy: The Accor Group Case", Sun, W., Louche, C. and Pérez, R. (Ed.) Finance and Sustainability: Towards a New Paradigm? A Post-Crisis Agenda (Critical Studies on Corporate Responsibility, Governance and Sustainability, Vol. 2), Emerald Group Publishing Limited, Leeds, pp. 249-272. https://doi.org/10.1108/S2043-9059(2011)0000002018
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