HECER
"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."
"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 ...
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