Jones, Derek C.; Kato, Takao - In: Industrial and Labor Relations 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 (non-executive)...