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Employee share ownership and profit-sharing in the European Union: incidence, company characteristics, and union representation

Author

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  • Andrew Pendleton

    (Manchester Metropolitan University, UK)

  • Erik Poutsma

    (Nijmegen University, Netherlands)

  • Chris Brewster

    (South Bank University, UK)

  • Jos van Ommeren

    (Free University of Amsterdam, Netherlands)

Abstract

This article examines the incidence of financial participation across the European Union at the end of the 1990s. The main findings are that the incidence of both profit-sharing and share ownership differ considerably across member states and that this correlates broadly with the extent of differences in legislative and fiscal support for them. Other factors, such as domestic ownership, stock market listing, size (in the case of share ownership) and workforce composition, are also important. On the whole clear or strong relationships between union density and financial participation were not identified.

Suggested Citation

  • Andrew Pendleton & Erik Poutsma & Chris Brewster & Jos van Ommeren, 2002. "Employee share ownership and profit-sharing in the European Union: incidence, company characteristics, and union representation," Transfer: European Review of Labour and Research, , vol. 8(1), pages 47-62, February.
    • Handle: RePEc:sae:treure:v:8:y:2002:i:1:p:47-62
    DOI: 10.1177/102425890200800108
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    References listed on IDEAS

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    1. Chris Brewster & Olga Tregaskis & Ariane Hegewisch & Lesley Mayne, 2000. "Comparative Research in Human Resource Management: A Review and an Example," Palgrave Macmillan Books, in: Chris Brewster & Wolfgang Mayrhofer & Michael Morley (ed.), New Challenges for European Human Resource Management, chapter 16, pages 324-348, Palgrave Macmillan.
    2. Gregg, P. A. & Machin, S. J., 1988. "Unions and the incidence of performance linked pay schemes in Britain," International Journal of Industrial Organization, Elsevier, vol. 6(1), pages 91-107, March.
    3. Douglas L. Kruse, 1996. "Why Do Firms Adopt Profit-Sharing and Employee Ownership Plans?," British Journal of Industrial Relations, London School of Economics, vol. 34(4), pages 515-538, December.
    4. Robert McNabb & Keith Whitfield, 1998. "The Impact of Financial Participation and Employee Involvement on Financial Performance," Scottish Journal of Political Economy, Scottish Economic Society, vol. 45(2), pages 171-187, May.
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