Understanding financial participation across market economies

Elaine Farndale*, J. Ryan Lamare, Maja Vidović, Amar S. Chauhan

*Corresponding author for this work

Research output: Contribution to journalArticleScientificpeer-review

Abstract

Organizations implement a range of financial participation plans to help create a stronger linkage between corporate and individual goals. Although seemingly an organizational-level choice as to what plans are adopted, we argue that institutional constraints at the market economy level of analysis that directly affect worker-firm relationships play a significant role in this choice. Based on organization-level data from nineteen countries, comparisons of the level of profit-sharing and equity-ownership plan use are explained through varieties of capitalism theorizing. The findings indicate the usefulness of this level of analysis in explaining corporate practice in financial participation.
Original languageEnglish
Pages (from-to)402-421
JournalInternational Studies of Management & Organization
Volume49
Issue number4
DOIs
Publication statusPublished - 2019

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Financial participation
Levels of analysis
Market economy
Varieties of capitalism
Equity ownership
Organizational level
Usefulness
Workers
Linkage
Institutional constraints
Profit sharing
Theorizing

Cite this

Farndale, Elaine ; Lamare, J. Ryan ; Vidović, Maja ; Chauhan, Amar S. / Understanding financial participation across market economies. In: International Studies of Management & Organization. 2019 ; Vol. 49, No. 4. pp. 402-421.
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Understanding financial participation across market economies. / Farndale, Elaine; Lamare, J. Ryan; Vidović, Maja; Chauhan, Amar S.

In: International Studies of Management & Organization, Vol. 49, No. 4, 2019, p. 402-421.

Research output: Contribution to journalArticleScientificpeer-review

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