How Does Employee Ownership Affect Employment Stability?

Understanding the determinants of employment stability during economic downturns is a topic of keen interest to academic researchers, government policymakers, and firms. In this chapter, we examine whether broad-based employee ownership affects employment stability within firms. As described in Chap...

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Bibliographic Details
Published inHow Did Employee Ownership Firms Weather the Last Two Recessions? p. 47
Main Authors Kurtulus, Fidan Ana, Kruse, Douglas L
Format Book Chapter
LanguageEnglish
Published United States W.E. Upjohn Institute 23.01.2017
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Summary:Understanding the determinants of employment stability during economic downturns is a topic of keen interest to academic researchers, government policymakers, and firms. In this chapter, we examine whether broad-based employee ownership affects employment stability within firms. As described in Chapter 2, the prevalence of employee ownership has been growing over the past several decades in the United States and other advanced economies. According to the 2014 wave of the General Social Survey (GSS), 19.5 percent of U.S. workers own company stock, and 7.2 percent own company stock options. And according to data from the U.S. Department of Labor (USDOL) Form
ISBN:9780880995252
0880995254