The relationship between financial participation and other forms of employee participation : new survey evidence from Europe

"This article uses a new data set on the incidence of financial participation in large publiclytraded firms in six European Union countries (Netherlands, France, UK, Finland, Spain,and Germany) to evaluate the possible complementarities between participatory practices.We find evidence that broa...

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Bibliographic Details
Main Authors: Helsinki Center of Economic Research, Kalmi, Panu, Pendleton, Andrew, Poutsma, Erik
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Helsinki 2004
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Online Access:https://www.labourline.org/KENTIKA-19133147124919513299-The-relationship-between-finan.htm
Description
Summary:"This article uses a new data set on the incidence of financial participation in large publiclytraded firms in six European Union countries (Netherlands, France, UK, Finland, Spain,and Germany) to evaluate the possible complementarities between participatory practices.We find evidence that broad-based profit-sharing schemes are related to both direct and indirect participation, but we do not find this for broad-based equity schemes. In fact,broad-based equity schemes are negatively related to indirect participation. Stock option plans appear to be negatively related to all forms of employee participation. Overall, the paper shows that the various forms of financial participation have very different relationships with other forms of employee involvement and participation."
Physical Description:37 p.
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