Selling company shares to reluctant employees: France Telecom's experience

In 1997, France T‚l‚com, the state-owned French telephone company, went through a partial privatization. The government offered current and prior France T‚l‚com employees the opportunity to buy portfolios of shares with various combinations of discounts, required holding periods, leverage, tax treat...

Full description

Bibliographic Details
Main Authors: Tufano, P, Degeorge, F, Jenter, D, Moel, A
Format: Conference item
Published: 2000