Drawing on principal-agent perspectives on corporate governance, this paper examines whether employees' hourly pay is linked to ownership dispersion. Using linked workplace-worker data from the British Workplace Employment Relations Survey (WERS) 2011, we find average hourly pay is higher in...

The paper reviews the current state of employee ownership in Britain. It discusses the various forms of employee ownership, highlighting trust-owned, directly-owned, and hybrid forms. It then considers the influences on the development of employee ownership, finding that political support is the...