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Selling Company Shares to Reluctant Employees: France Telecom's Experience
National Bureau of Economic Research Working Paper Link to more items from this source
May 9, 2000
Excerpt: In 1997, France Telecom, the state-owned French telephone company, went through a partial privatization... Using a database that tracks over 200,000 eligible participants, we analyze the employees' characteristics and their decisions whether to participate [in an employee stock purchase plan]; how much to invest; and what form of stock alternatives they selected.

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