An Empirical Analysis of the Relationship between Employee Ownership and Employment Stability in the US: 1999–2011

• Published in: British journal of industrial relations Vol. 56; no. 2; pp. 245 - 291
• Main Authors: Kurtulus, Fidan Ana, Kruse, Douglas
• Format: Journal Article
• Language: English
• Published: London Blackwell Publishing Ltd 01.06.2018
• Subjects: Companies; Economic models; Economic stabilization; Employee ownership; Employee stock ownership plans; Employment; ESOP; Labor relations; Layoffs; Prices; Sales; Stability; Unemployment; Workers; United States > US

Do firms with employee ownership (EO) programs exhibit greater employment stability in the face of economic downturns? In particular, are firms with EO programs less likely to lay off workers during negative shocks? In this article, we examine the relationship between EO programs and employment stab...