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 language | English (US) |
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Pages (from-to) | 402-421 |
Number of pages | 20 |
Journal | International Studies of Management and Organization |
Volume | 49 |
Issue number | 4 |
DOIs | |
State | Published - Oct 2 2019 |
All Science Journal Classification (ASJC) codes
- Business and International Management
- Strategy and Management