Bryson, Alex and Freeman, Richard B. (2010) To join or not to join? Factors influencing employee share plan membership in a multinational corporation. In: Eriksson, Tor, (ed.) Advances in the Economic Analysis of Participatory and Labor-Managed Firms. Advances in the economic analysis of participatory & labor-managed firms book series. Emerald Group Publishing, Bingley, UK, pp. 1-22. ISBN 9780857244536
Full text not available from this repository.Abstract
Ownership of shares by employees in their own firm has grown substantially in the advanced world. In the past two decades, it increased in Britain (Pendleton, Whitfield, & Bryson, 2009), the United States (Kruse, Freeman, & Blasi, 2010), and in many EU countries (Pendleton, Poutsma, van Ommeren, & Brewster, 2005; European Federation of Employee Share Ownership, 2009). By 2004, one-fifth of British workplaces had share ownership plans covering one-third of private sector employees (Bryson & Freeman, 2010). In the United States in 2006, an estimated 18% of workers had shares in their own firm, some held through collective employee stock ownership plans, some bought through employee stock purchase plans that give employees a discount on shares, and some through their 401k retirement savings Plan money. In addition to owning shares, 9% of US employees had stock options with the firm. Taking account of the overlap, 24% had an ownership stake through shares or options (Kruse, Blasi, & Park, 2010, Table 1).
Item Type: | Book Section |
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Official URL: | http://www.emeraldinsight.com/ |
Additional Information: | © 2010 Emerald Group Publishing Limited |
Divisions: | Centre for Economic Performance |
Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management |
Date Deposited: | 31 Aug 2012 12:40 |
Last Modified: | 11 Dec 2024 17:27 |
URI: | http://eprints.lse.ac.uk/id/eprint/45638 |
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