Jones, Derek C.; Kato, Takao - In: ILR Review 46 (1993) 2, pp. 352-367
Using data for various years, including new data for 1973–84, the authors examine the scope, nature, determinants, and effects of Japanese employee stock ownership plans (ESOPs). In 1988, of firms listed on Japan's eight stock exchange markets, 91% had an ESOP, and the average...