Employee participation in employee stock ownership plans: Cross-level interaction effects of institutions and workgroup behavior

Publikationstyp:
Zeitschriftenaufsatz
Metadaten:
Autoren
Autoren-URL
https://www.webofscience.com/api/gateway?GWVersion=2&SrcApp=fis-test-1&SrcAuth=WosAPI&KeyUT=WOS:000444949300006&DestLinkType=FullRecord&DestApp=WOS_CPL
DOI
10.1002/hrm.21885
eISSN
1099-050X
Externe Identifier
  • Clarivate Analytics Document Solution ID: GU0OC
ISSN
0090-4848
Ausgabe der Veröffentlichung
5
Zeitschrift
HUMAN RESOURCE MANAGEMENT
Schlüsselwörter
  • bounded rationality
  • employee stock ownership plan (ESOP)
  • institutional context
  • multilevel analysis
  • psychological ownership
  • transaction cost theory
Paginierung
1023 - 1037
Datum der Veröffentlichung
2018
Status
Published
Titel
Employee participation in employee stock ownership plans: Cross-level interaction effects of institutions and workgroup behavior
Sub types
  • Article
Ausgabe der Zeitschrift
57

Datenquelle: Web of Science (Lite)

Andere Metadatenquellen:
Abstract
<jats:p>In this multilevel study, the authors investigate the influence of country‐level formal institutions and workgroup behavior on foreign subsidiary employees' participation in employee stock ownership plans (ESOPs). Based on the perspectives of bounded rationality, transaction cost theory, and psychological ownership, the authors argue that weak formal institutions restrain multinational enterprises from effectively implementing ESOPs due to reduced employee participation. However, the authors expect that workgroup behavior—more specifically, the participation of the workgroup's members and superiors in ESOPs—has a positive influence on employees' ESOP participation. Furthermore, the authors analyze whether cross‐level effects of institutions and workgroup behavior function as substitutes or complements. They empirically examine the ESOP participation of 185,291 foreign subsidiary employees in 28 countries. The results confirm the hypotheses about direct effects of weak institutions and workgroup behavior and additionally provide support for a complementary relationship between institutions and workgroup behavior.</jats:p>
Autoren
DOI
10.1002/hrm.21885
eISSN
1099-050X
ISSN
0090-4848
Ausgabe der Veröffentlichung
5
Zeitschrift
Human Resource Management
Sprache
en
Online publication date
2017
Paginierung
1023 - 1037
Datum der Veröffentlichung
2018
Status
Published
Herausgeber
Wiley
Herausgeber URL
http://dx.doi.org/10.1002/hrm.21885
Datum der Datenerfassung
2023
Titel
Employee participation in employee stock ownership plans: Cross‐level interaction effects of institutions and workgroup behavior
Ausgabe der Zeitschrift
57

Datenquelle: Crossref

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