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Tight labour markets and changing employment relationships make employees with high levels of firm-specific knowledge, skills, and abilities less dependent on and committed to their employer. Companies need to work harder in order to attract and retain employees and protect their mutual human...
Persistent link: https://www.econbiz.de/10009778748
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...
Persistent link: https://www.econbiz.de/10008796746
Many large listed firms offer workers the opportunity to buy shares in the firm at discounted rates through employee stock purchase plans (ESPP). The discounted rate creates a gift exchange, where the firm hopes that workers who accept the gift reciprocate with greater loyalty and effort. But...
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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...
Persistent link: https://www.econbiz.de/10013139059
Previous literature documents that executives tend to cash out equity incentives when equity-linked compensation vests. Such a behavior destroys long-term incentives and hence is costly to outside shareholders. It is recommended that the unloading of incentives can be limited when the firm...
Persistent link: https://www.econbiz.de/10013073457
Finanzielle Mitarbeiterbeteiligung ist in Deutschland nach wie vor wenig verbreitet. Während es im angelsächsischen …, wurde die finanzielle Beteiligung von Beschäftigten in Deutschland nur zögerlich eingeführt, was letztlich auch auf die … Skepsis der Gewerkschaften zurückzuführen ist. Auf Basis einer repräsentativen Befragung in 1.200 Betrieben in Deutschland …
Persistent link: https://www.econbiz.de/10010292391
these HRM practices than domestically owned establishments. Moreover, the role of Germany's unique works councils varies …
Persistent link: https://www.econbiz.de/10010356075