We report the first results for Korean firms on the incidence, diffusion, scope and effects of diverse employee financial participation schemes, such as Profit Sharing Plans (PSPs), Employee Stock Ownership Plans (ESOPs), Stock Option Plans (SOPs) and Team Incentive Plans (TIPs). In do doing, we...

We report the first results for Korean firms on the incidence, diffusion, scope and effects of diverse employee financial participation schemes, such as Profit Sharing Plans (PSPs), Employee Stock Ownership Plans (ESOPs), Stock Option Plans (SOPs) and Team Incentive Plans (TIPs). In do doing, we...

We report the first results for Korean firms on the incidence, diffusion, scope and effects of diverse employee financial participation schemes, such as Profit Sharing Plans (PSPs), Employee Stock Ownership Plans (ESOPs), Stock Option Plans (SOPs) and Team Incentive Plans (TIPs). In do doing, we...

We report the first results for Korean firms on the incidence, diffusion, scope and effects of diverse employee financial participation schemes, such as Profit Sharing Plans (PSPs), Employee Stock Ownership Plans (ESOPs), Stock Option Plans (SOPs) and Team Incentive Plans (TIPs). In do doing, we...

This paper provides the first rigorous econometric estimates on the pay-performance relations for executives of Korean firms with and without Chaebol affiliation. To do so, we have assembled for the first time panel data (that provide information not only on executive compensation and firm...

This paper provides the first rigorous econometric estimates on the pay-performance relations for executives of Korean firms with and without Chaebol affiliation. To do so, we have assembled for the first time panel data (that provide information not only on executive compensation and firm...

Denmark’s registry data provide accurate and complete career history data along withdetailed personal characteristics (e.g., education, gender, work experience, tenure andothers) for the population of Danish workers longitudinally. By using such data from 1992 to2002, we provide rigorous...

We provide the first econometric study of efficiency for a member of the Mondragon group ofworker cooperatives. Eroski is a retail distribution chain and, most unusually, there are twodistinct types of hypermarkets: (i) cooperatives with significant employee ownership andvoice; and (ii) GESPAs...

During the period from 2008 to 2013, Korea pushed ahead with education diversification reforms to overcome the education bubble which immensely increased private tutoring expenditure and produced college graduates receiving lower wages than high school graduates. Private tutoring expenditure...