Why Do Employees Participate in Employee Share Plans?A Conceptual Framework

Brown, Michelle; Landau, Ingrid; Mitchell, Richard; O'Connell, Ann; Ramsay, Ian

doi:10.1080/10301763.2008.10669374

Cited by 1 publication

(1 citation statement)

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“…Jackson and Morgan also perform a series of faceto-face interviews with a group of younger employees and find that the main reason for not participating in the plan is that they do not expect to stay long in the company. Brown et al (2008) pose the question: 'Why do employees participate in employee share plans?' Their research is based on 12 qualitative interviews in nine minority employee-owned Australian publicly listed companies (nine HR managers and three union representatives).…”

Section: Literature Reviewmentioning

confidence: 99%

Three dimensions of employees acquiring shares in their firms: Personal characteristics, motives and type of ownership

Faigen

Mygind

Sigurjónsson

et al. 2018

Economic and Industrial Democracy

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This study is based on a survey and interviews in six Icelandic firms in which share purchases by employees have transpired. The focus is on employees’ characteristics and motives in becoming shareowners as well as the reasons for non-participation. The article’s contribution is to add to the theory and empirical evidence regarding the individual-level antecedents to employee ownership across both majority and minority variants. The results reveal that income, tenure and age influence ownership status. There is some support for expectations that employees place greater emphasis on stakeholder goals and collective goals in majority employee-owned firms and on financial goals in minority employee-owned firms. Employees were hindered from becoming owners due to a lack of funds or internal exclusionary barriers.

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Section: Literature Reviewmentioning

confidence: 99%