Sharing in the Company Determinants, Processes and Outcomes of Employee Participation
Volume 17 of Advances in the Economic Analysis of Participatory and Labor-Managed Firms provides detailed analysis on standard econometric studies to new institutional economics to behavioral economics.
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| Main Authors | , , |
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| Format | eBook |
| Language | English |
| Published |
Bingley
Emerald Publishing Limited
06.06.2017
Emerald |
| Edition | 1 |
| Series | Advances in the economic analysis of participatory and labor-managed firms |
| Subjects | |
| Online Access | Get full text |
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| Abstract | Volume 17 of Advances in the Economic Analysis of Participatory and Labor-Managed Firms provides detailed analysis on standard econometric studies to new institutional economics to behavioral economics. |
|---|---|
| AbstractList | This volume gathers recent insights into the determinants, developments and outcomes of employee share ownership. It focuses on a number of new emerging themes in the literature and tests some of the relationships using several, notable European datasets. The authors discuss employee share ownership from the perspective of strategic human resource management (SHRM) and present the 'contextual SHRM model,' where employee ownership is influenced by several environmental pressures, which indicated the need for five specific 'fits' of employee ownership. These fits are: fit of employee ownership with strategy of the firm, with the organizational cultural heritage, with the wider social cultural environment; fit with other HRM practices (internal fit); fit with personal characteristics of employees. The authors explore these fits with several new emerging theories and demonstrate what firms that want employee ownership to be an effective HRM policy need to do. Volume 17 of Advances in the Economic Analysis of Participatory and Labor-Managed Firms provides detailed analysis on standard econometric studies to new institutional economics to behavioral economics. |
| Author | Kato, Takao Ligthart, Paul E. M Poutsma, Erik |
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| Copyright | Copyright © 2017 Emerald Publishing Limited |
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| DOI | 10.1108/S0885-3339201717 |
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| Snippet | Volume 17 of Advances in the Economic Analysis of Participatory and Labor-Managed Firms provides detailed analysis on standard econometric studies to new... This volume gathers recent insights into the determinants, developments and outcomes of employee share ownership. It focuses on a number of new emerging themes... |
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| SubjectTerms | Employee ownership Employee participation Management |
| Subtitle | Determinants, Processes and Outcomes of Employee Participation |
| TableOfContents | Front Cover -- Sharing in the Company: Determinants, Processes and Outcomes of Employee Participation -- Copyright Page -- Contents -- List of Contributors -- Foreword -- Sharing in the Company: Introduction to the Volume -- Future Research Directions -- Employee Ownership and High-Performance Work Systems in Context -- Introduction -- The Contextual Model of HRM Systems -- High-Performance Work Systems -- Ownership High-Performing Work Systems -- Personal Fit and Effectiveness of the System -- Gift Exchange, Reciprocity, and Psychological Ownership -- Empirical Proof, Summary, and Future Research -- Notes -- References -- Which Companies Adopt Sharing Arrangements and Why? -- Introduction -- Concepts and Relationships -- Relationship with Individual Incentives -- Investment in Training -- Employee Participation and Representation -- Peer Monitoring -- Human Resource Management Practices -- Country Differences -- Why are Managers/Owners Motivated to Adopt Financial Participation? -- A Test of Antecedents: Data and Methods -- Results -- Discussion -- Acknowledgment -- References -- Appendix: Independent Variables -- Who Participates in Share Plans and Why? -- Introduction -- Background -- Agency, Investments, and Distribution -- Employee Choices -- Distribution of Benefits -- A Test of Relationships: Data and Methods -- Data and Method of the First Study -- Measures -- Results of the First Study -- Second Study -- Sample and Data Collection -- Measures -- Psychological Ownership -- Employee Ownership -- High-Performance Work System -- Attitudes toward Employee Ownership -- ESO Knowledgeability -- Results of the Second Study -- Conclusion and Discussion -- References -- Appendix A: Descriptive Statistics of the Determinants of Employees' Financial Participation Firm Foundations for Democracy? Worker Ownership and Control in Advanced Capitalism -- Introduction -- Mapping Worker Ownership and Control -- Four Theories of Firm Governance -- Worker Ownership and Control in Practice -- Worker Ownership and Control in Different Varieties of Capitalism -- Comparing Worker Control and Ownership in Germany and the United States -- Postwar Unionization and the Extension of Worker Control -- Financialization and the Expansion of Employee Ownership -- The Future of Worker Ownership and Control in Advanced Capitalism -- Notes -- Acknowledgments -- References -- Index Appendix B: Scale Coefficients and Statistics for Control, Commitment, Involvement, Leadership Style Supervisor, and Psychological Well-Being -- Appendix C: Scale Statistics for HPWS, ESO KNOWLEDGEABILITY, Attitude ESO, and Psychological Ownership -- How Has Employee Share Ownership Evolved in the Global Context? -- Introduction -- Broad-Based Share Schemes -- Concepts and Relationships -- Human Resource Management Practices Transfer -- Human Resource Management Strategies -- Industrial Relations and the Adoption of Broad-based Share Schemes -- Country and the Moderating Role of Market Economy -- Institutional Profiles and National Financial Participation Frameworks -- State Orientation, Industrial Relations and the Development of Financial Participation in France -- Voluntarist Employment Relations and the Development of ESO in the United Kingdom -- Social Partnership and Dialogue Shaping Financial Participation in Germany -- The Polder Model and the Development of Financial Participation in the Netherlands -- Australian Employment Relations and Financial Participation: Again an Anglo-Saxon Model? -- Industrial Relations and Employee Share Ownership in South Africa: The Role of Black Economic Empowerment -- A Test of Relationships: Data and Methods -- Measures -- Results -- Discussion and Conclusion -- Acknowledgment -- References -- Appendix A: Descriptive Statistics of the Determinants of Financial Participation -- Appendix B: Means, Scalability, and Reliability Coefficients of the HRM Policies: Performance Management Practices and Communication Practices -- Appendix C1: Odds Ratios of Employee Share Ownership or Stock Options (ESOS) per Type of Market Economy -- Appendix C2: Odds Ratios of Employee Share Ownership (ESO) per Type of Market Economy -- Appendix C3: Odds Ratios of Stock Options (SO) per Type of Market Economy |
| Title | Sharing in the Company |
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