Abstract
This paper uses a substantial international database to provide the widest and the most detailed analysis to date of financial participation across Europe. It explores the antecedents of broad-based share ownership and profit sharing schemes. It is found that country effects are important predictors of both profit sharing and share ownership schemes. Share ownership schemes are also associated with company size, stock market listing and some measures of HRM 'sophistication'. Employee participation and representation have weak relationships with financial participation.
| Original language | English |
|---|---|
| Title of host publication | Advances in the Economic Analysis of Participatory and Labor-Managed Firms |
| Subtitle of host publication | Volume 7 |
| Pages | 141-172 |
| Number of pages | 32 |
| Volume | 7 |
| DOIs | |
| Publication status | Published - Dec 2003 |
Publication series
| Name | Advances in the Economic Analysis of Participatory and Labor-Managed Firms |
|---|---|
| Volume | 7 |
| ISSN (Print) | 0885-3339 |
Funding
The research upon which this paper is based was commissioned by the European Foundation for the Improvement of Living and Working Conditions, based in Dublin. We are grateful to the Foundation for its support. In particular we would like to thank Kevin O’Kelly and Hubert Krieger for their interest and encouragement. The data used in the paper was collected by members of the CRANET network and we are most grateful for their efforts.
