Employee share ownership and profit-sharing in the European Union

Andrew Pendleton · F. Poutsma · J.W. van Ommeren · Chris J. Brewster

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Cooperative Studies and Economics Labor Movements and Unions Legal and Labor Studies

Abstract

The paper used in this publication is chlorine-free and comes from managed forests in Northern Europe.For every tree felled, at least one new tree is planted.This report follows on from the joint publication, by the European Commission and the Foundation, of a comparative overview on the nature and extent of financial participation in the EU.This first report is based on a review of available research findings and publications on the topic, as well as on interviews with national experts in financial participation arrangements and v Foreword their impact on other forms of employee involvement through direct participation, representative participation and collective bargaining.This report is complementary to the first report in that its main objective has been to identify the characteristics of business organisations utilising profit-sharing and/or employee share ownership and to determine the extent to which these differ between the Member States studied.The data source is a unique multi-country dataset on human resource management practices, known as Cranet.The Cranet research project is co-ordinated by the Cranfield School of Management, UK, and the data has been collected by academic teams in each of the countries included in the study.Although the Cranet data was not primarily designed to investigate the incidence and characteristics of financial participation, the inclusion of questions on this topic makes it an excellent source of comparative information.We are confident that this report will further contribute to the debate on financial participation by providing, for the first time, empirical data on the situation in the Member States and also on the relationship between the forms of financial participation and other arrangements and policies in the employment relationship in European enterprises.

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References

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2010Employee Share Ownership 2009Profit‐sharing plans and affective commitment: Does the context matter?2003Broad-based employee financial participation in the European Union 2006The Relationship between Financial Participation and Other Forms of Employee Participation: New Survey Evidence from Europe 2005Employee Share Schemes in Europe. The Influence of US Multinationals

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