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Patterns of employee participation and industrial democracy in UK ESOPs

Pendleton, A., McDonald, J., Robinson, A. and Wilson, N. (1995) Patterns of employee participation and industrial democracy in UK ESOPs. CEPDP (249). Centre for Economic Performance, London School of Economics and Political Science, London, UK. ISBN 0753002124

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This paper examines the institutional characteristics of UK ESOPs and considers the extent to which ESOPs extend employee participation and industrial democracy. It is suggested that ESOPs in themselves do not extend industrial democracy. Instead patterns of employee participation are substantially determined by the goals of those primarily responsible for establishing the ESOP. Three constellations of ESOPs are discerned on the basis of their participative characteristics: `technical ESOPs'' where there is little or no development of industrial democracy; `paternalist ESOPs'' which tend to develop individualistic forms of employee participation; and `representative ESOPs'' where new institutions are created to give some opportunity for involvement of employee representatives in top decisions.

Item Type: Monograph (Discussion Paper)
Official URL:
Additional Information: © 1995 the authors
Divisions: Centre for Economic Performance
Subjects: H Social Sciences > HD Industries. Land use. Labor
Sets: Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Date Deposited: 13 Aug 2008 10:48
Last Modified: 14 Nov 2020 00:06

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