Do Employee Ownership Firms Survive Recessions Better than Other Firms?
In this chapter, we turn our attention to the relationship between employee ownership and firm survival. Firm survival is an important outcome variable to examine, as it is generally an indicator of success for a company, increases job security for workers employed, and thereby benefits the economy...
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| Published in | How Did Employee Ownership Firms Weather the Last Two Recessions? p. 89 |
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| Main Authors | , |
| Format | Book Chapter |
| Language | English |
| Published |
United States
W.E. Upjohn Institute
23.01.2017
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| Online Access | Get full text |
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| Summary: | In this chapter, we turn our attention to the relationship between employee ownership and firm survival. Firm survival is an important outcome variable to examine, as it is generally an indicator of success for a company, increases job security for workers employed, and thereby benefits the economy more broadly by reducing unemployment and economic hardship. It therefore also constitutes an important component of any comprehensive analysis of employment stability.
What are the channels through which employee ownership may enhance firm survival? There are five possible channels:
As discussed in Chapter 2, previous research has shown employee ownership to be linked |
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| ISBN: | 9780880995252 0880995254 |