Why Do Firms Adopt Profit-Sharing and Employee Ownership Plans?

• Published in: British journal of industrial relations Vol. 34; no. 4; pp. 515 - 538
• Main Author: Kruse, Douglas L.
• Format: Journal Article
• Language: English
• Published: Oxford, UK Blackwell Publishing Ltd 01.12.1996; London School of Economics
• Subjects: Businesses; Employee ownership; Employee ownership programmes; Employee stock ownership plans; Employees; ESOP; Flexibility; Job enrichment; Labour relations; Motivation; Productivity; Profit sharing; Profit sharing plans; Regression analysis; Studies; U.S.A; Unionization; USA; United States > US

Profit‐sharing and employee ownership in companies have attracted considerable interest, yet there has been little research on factors predicting the adoption and maintenance of these plans. This study uses new data from a survey of 500 US public companies, and panel data on corporate financial vari...