At the time where the divide between capital and work wakes this text is necessary

The field was more than prepared. While the National Assembly today opened debate on the Bill for the development of participation, Thierry Breton, Gérard Larcher, Edouard Balladur and Jean-Pierre Raffarin, among others, successive yesterday to the rostrum in the parliamentary days of UMP, for "the extreme importance for our country and our majority" of this text. "At the time where the divide between capital and work wakes, this text is necessary." "The participation must be the hyphen between the requirement of social cohesion and economic competitiveness," said Jean-Pierre Raffarin. The text, in fact, multiplies ambitions since he intends to "enhance the purchasing power", "stabilize the shareholders against hostile Takeovers" (Patrick Ollier), "rehabilitating the image of the company" (Thierry Breton) and "social dialogue" (Gérard Larcher). More than a Bill, the text is ultimately "a project of society", as often Jean-Louis Boorlo.

A unifying theme

If a sacred union is decreed behind a Bill which has been the subject of many battles during its preparation, it is that beyond economic issues, it is now a strong political dimension. Last great reform of the legislature, it represents the ultimate opportunity to mark the public opinion before the presidential election. As the theme of participation, the gatherer and the general public, lends itself perfectly, a fortiori to a time when the fact corporate governance debate and where expectations are high in terms of purchasing power. "This text has a very strong iconic power which can give another image of the UMP," argued Jean-Michel Dubernard, Chairman of the Committee on Social Affairs. "It is a unique opportunity to show that the UMP can put man at the heart of his economic and social project," added Patrick Ollier, Chair of the Committee on Economic Affairs, stressing that "the text is still only partially meet this requirement."

In fact, trade unions and the opposition stigmatize "lack of ambition" of text and number of UMP parliamentarians want the Bill to expand. Patrick Ollier advocates including that is paid each year to employees shareholders dividends from their actions blocked on of CIPF. For its part, Jean-Pierre Raffarin considers that "motivate the employees of our national champions, to impose on the CAC 40 companies to achieve 5 of the capital held by employees". Senator Alain Gournac, him, already accused: "the bar of the 3 of the capital held by employees to be represented on the Board of Directors is too high;" I will fight so it lowers it.

Convince the SMEs

There remains the question of the participation in SMEs with fewer than 50 employees: it would have been a strong measure and very appreciated of the employees, but to the employer reluctance, the Government prefers to play the card of incitement in imposing on the branches to negotiate agreements "on shelf" available to SMEs. Fear that such a measure is insufficient, the commission of finance proposes to allow SMEs concerned to pay their employees a "premium of profit-sharing" exempt tax and social contribution. While barely more than one employee two enjoys a savings device, the success of the Bill will depend very much of the Government's ability to convince small SMEs to develop participation within them.