This study investigates the direct and indirect effects of financial participation (FP) and participation in decision-making (PDM) on employee job attitudes. The central premise is that both financial participation and participation in decision-making have effects on job attitudes, such as...

In 1900 US business corporations were dominated by plutocratic family owners, while British and French quoted companies showed higher levels of divorce of shareholding owners from management controllers. Distinctive European 'democratic' corporate governance rules explain some of Europe's...

This paper is an attempt to present a digest of European security returns. In this respect, Table 7 summarizes key data over recent years. The table presents information for the period 1967 to 1990. By and large, within Europe, equity returns appear to be very similar. To the extent that if...

The essence of the legal origin hypothesis is that a country with an English legal origin provides better investor and creditor protection and experiences greater financial development; financial institutions and stock markets flourish, the general public participate more in financing investment...

How can the unit trust industry expand its customer base? To date, although public interest in equity investment has spread widely since the 1984 launch of the major privatisation flotations, unit trusts still attract only about the same number and types of investors as before. Three‐quarters...