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| Author: | Kruse, D. |
| Title: | Why do firms adopt profit-sharing and employee ownership plans? |
| Journal: | British Journal of Industrial Relations
1996 : DEC, VOL. 34:4, p. 515-538 |
| Index terms: | INDUSTRIAL RELATIONS UNITED KINGDOM EMPLOYEE OWNERSHIP |
| Language: | eng |
| Abstract: | Profit-sharing and employee ownership in companies have attracted considerable interest, yet there has been little research on factors predicting the adoption and maintenance of these plans. This study uses new data from a survey of 500 US public companies, and panel data on corporate financial variables, to examine factors predicting the presence and adoption of profit-sharing and employee stock ownership plans in the 1975-91 period. Several findings support productivity-related motivation for such plans while others support flexibility-related motivations. |
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