This report outlines main trends in employees' financial participation in Latvia including historical, socioeconomic and legal background. A special emphasis is placed on privatization during the transition period which shaped an environment for employees' financial participation and influenced the current state of employee share ownership and profit-sharing. Attitudes of social partners and the government will be addressed. The report will show why the transition process lead to a low level of employees' financial participation and the indifference and ignorance of policy makers concerning the development of financial participation.
|Place of Publication||Frederiksberg|
|Publisher||CEES, Copenhagen Business School|
|Number of pages||27|
|Publication status||Published - 2006|
|Series||Working Paper / Center for East European Studies. Copenhagen Business School|