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Motivating Employee-Owners in ESOP Firms: Human Resource Policies and Company Performance
Overview This study analyzes the role of human resource policies in the performance of employee ownership companies, using employee survey data from 14 companies and a national sample of employee-owners. The paper concludes that an understanding of how and when employee ownership works successfully requires a three-pronged analysis of the incentives that ownership gives, the participative mechanisms available to workers to act on those incentives, and the corporate culture that battles against tendencies to free ride.
| Publisher | National Bureau Of Economic Research | File Format | |
|---|---|---|---|
| Date Published | December 2003 | Downloads | 4 |
| Format | White Papers | ||
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