How Has Employee Share Ownership Evolved in the Global Context?
Paul E. M. Ligthart and
A chapter in Sharing in the Company, 2017, vol. 17, pp 77-123 from Emerald Publishing Ltd
Abstract Taking an international comparative approach, this chapter investigates the variance in the adoption of employee share ownership and stock option arrangements across countries. In particular, we investigate the influence of multinational enterprises (MNEs), industrial relations factors, HRM strategies, and market economies on the adoption and spread of the arrangements across countries. We find that industrial relations factors do not explain the variance in adoption by companies in their respective countries. MNEs and HRM strategies are important drivers of adoption. Market economy does not moderate the influence of MNEs on adoption, suggesting that MNEs universally apply the arrangements across borders.
Keywords: Employee share ownership; multinational enterprises; human resource management; industrial relations; market economy; J33; J54; M12; M52; M54 (search for similar items in EconPapers)
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