Abstract
| Original language | English |
|---|---|
| Journal | Economic and Industrial Democracy |
| Number of pages | 29 |
| ISSN | 0143-831X |
| DOIs | |
| Publication status | Published - 12 Nov 2018 |
Bibliographical note
Epub ahead of print. Published online November 12, 2018Keywords
- Employee characteristics
- Employee motives
- Employee ownership
- Financial participation
Cite this
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Three Dimensions of Employees Acquiring Shares in Their Firms : Personal Characteristics, Motives and Type of Ownership. / Faigen, Benjamin; Mygind, Niels; Sigurjonsson, Olaf; Arnardottir, Audur Arna.
In: Economic and Industrial Democracy, 12.11.2018.Research output: Contribution to journal › Journal article › Research › peer-review
TY - JOUR
T1 - Three Dimensions of Employees Acquiring Shares in Their Firms
T2 - Personal Characteristics, Motives and Type of Ownership
AU - Faigen, Benjamin
AU - Mygind, Niels
AU - Sigurjonsson, Olaf
AU - Arnardottir, Audur Arna
N1 - Epub ahead of print. Published online November 12, 2018
PY - 2018/11/12
Y1 - 2018/11/12
N2 - This study is based on a survey and interviews in six Icelandic firms in which share purchases by employees have transpired. The focus is on employees’ characteristics and motives in becoming shareowners as well as the reasons for non-participation. The article’s contribution is to add to the theory and empirical evidence regarding the individual-level antecedents to employee ownership across both majority and minority variants. The results reveal that income, tenure and age influence ownership status. There is some support for expectations that employees place greater emphasis on stakeholder goals and collective goals in majority employee-owned firms and on financial goals in minority employee-owned firms. Employees were hindered from becoming owners due to a lack of funds or internal exclusionary barriers.
AB - This study is based on a survey and interviews in six Icelandic firms in which share purchases by employees have transpired. The focus is on employees’ characteristics and motives in becoming shareowners as well as the reasons for non-participation. The article’s contribution is to add to the theory and empirical evidence regarding the individual-level antecedents to employee ownership across both majority and minority variants. The results reveal that income, tenure and age influence ownership status. There is some support for expectations that employees place greater emphasis on stakeholder goals and collective goals in majority employee-owned firms and on financial goals in minority employee-owned firms. Employees were hindered from becoming owners due to a lack of funds or internal exclusionary barriers.
KW - Employee characteristics
KW - Employee motives
KW - Employee ownership
KW - Financial participation
KW - Employee characteristics
KW - Employee motives
KW - Employee ownership
KW - Financial participation
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U2 - 10.1177/0143831X18805847
DO - 10.1177/0143831X18805847
M3 - Journal article
JO - Economic and Industrial Democracy
JF - Economic and Industrial Democracy
SN - 0143-831X
ER -