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BukuCooperating With the Disempowered: Using ESOPs to Forge a Stakeholder Relationship by Anchoring Employee Trust in Workplace Participation Programs
Bibliografi
Author: Wicks, Andrew C. (Co-Author); Marens, Richard S. ; Huber, Vandra L. (Co-Author)
Bahasa: (EN )    
Penerbit: Unika Atma Jaya     Tahun Terbit: 2006    
Jenis: Article
Fulltext: 51BdS381.pdf (120.0KB; 5 download)
Abstract
Although researchers have begun to examine how firms manage their entire web of stakeholder relationships, the component relationships also require theoretical and empirical examination. Several studies have found that Employee Stock Ownership Plans (ESOPs) have a positive impact on firm performance. The authors explain these results by hypothesizing that ESOPs, when combined with employee participation programs, forge a stakeholder relationship between management and employees. The authors offer criteria for identifying stakeholder relationships, provide background on ESOPs, analyze why they contribute to establishing such a relationship, and examine how published empirical research supports this analysis. The authors conclude by suggesting directions for future research.
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