Organisational psychology consultants and valuation bankers are essential to creating employee stock ownership plan companies (ESOPs). However, bankers and organisational psychology consultants see the world in different ways and in fact, paradoxically create different sorts of companies from the same companies, engendering an ontological pluralism. This pluralism suggests that social change can happen on a large scale without persuading everyone there is only one way to see or be in the world. In fact, it’s possible that ESOPs are as successful as they are because they are a sort social form that exists differently for various people, while still making line employees wealthier than they otherwise would be.
Bibliographical noteEpub ahead of print. Published online: 26. December 2019
- Organisational psychology
- Investment banking
- ESOPs (Employees Stock Ownership Plan Companies)