Employee Share Ownership and Performance: Golden Path or Golden Handcuffs?

Sen Gupta, Sukanya, Whitfield, Keith Leslie ORCID: https://orcid.org/0000-0002-1184-5530 and McNabb, Robert 2007. Employee Share Ownership and Performance: Golden Path or Golden Handcuffs? International Journal of Human Resource Management 18 (8) , pp. 1507-1538. 10.1080/09585190701502620

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Abstract

Using matched employer-employee data from the 1998 Workplace Employee Relations Survey, it is suggested that the presence of employee share ownership at a workplace is not significantly associated with employee commitment to the organization. There is evidence of a significant negative relationship between share ownership and workplace turnover, which explains part of the positive share ownership/performance relationship. This calls into question the postulate that share ownership has its main impact upon performance via the closer alignment of employees' and employers' values and interests – the golden path – rather than the lowering of employee turnover – the golden handcuffs.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Business (Including Economics)
Uncontrolled Keywords:	Employee share ownership, performance, turnover, commitment
Publisher:	Taylor & Francis
ISSN:	1466-4399
Last Modified:	17 Oct 2022 09:19
URI:	https://orca.cardiff.ac.uk/id/eprint/2744

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