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


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
Issue number4
Publication statusPublished - 2019


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