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Employee Stock Ownership Plans and Productivity in Japanese Manufacturing Firms

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  • Derek C. Jones
  • Takao Kato

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  • Derek C. Jones & Takao Kato, 1993. "Employee Stock Ownership Plans and Productivity in Japanese Manufacturing Firms," British Journal of Industrial Relations, London School of Economics, vol. 31(3), pages 331-346, September.
  • Handle: RePEc:bla:brjirl:v:31:y:1993:i:3:p:331-346
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    File URL: http://hdl.handle.net/10.1111/j.1467-8543.1993.tb00401.x
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    References listed on IDEAS

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    1. Jensen, Michael C & Meckling, William H, 1979. "Rights and Production Functions: An Application to Labor-managed Firms and Codetermination," The Journal of Business, University of Chicago Press, vol. 52(4), pages 469-506, October.
    2. Brunello, G. & Wadhwani, S., 1989. "The Determinants Of Wage Flexibility In Japan: Some Lessons From A Comparison With The Uk Using Micro-Data," Papers 362, London School of Economics - Centre for Labour Economics.
    3. Freeman, Richard B. & Weitzman, Martin L., 1987. "Bonuses and employment in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 1(2), pages 168-194, June.
    4. Jones, D.C. & Svejnar, J., 1984. "Participation, profit sharing, worker ownership and efficieny in Italian producer cooperatives," LIDAM Discussion Papers CORE 1984019, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    5. Masahiko Aoki, 2013. "Toward an Economic Model of the Japanese Firm," Chapters, in: Comparative Institutional Analysis, chapter 18, pages 315-341, Edward Elgar Publishing.
    6. repec:bla:econom:v:52:y:1985:i:208:p:449-65 is not listed on IDEAS
    7. Cable, John & Wilson, Nicholas, 1989. "Profit-Sharing and Productivity: An Analysis of UK Engineering Firms," Economic Journal, Royal Economic Society, vol. 99(396), pages 366-375, June.
    8. Derek C. Jones & Takao Kato, 1993. "The Scope, Nature, and Effects of Employee Stock Ownership Plans in Japan," ILR Review, Cornell University, ILR School, vol. 46(2), pages 352-367, January.
    9. Freeman, Richard B, 1976. "Individual Mobility and Union Voice in the Labor Market," American Economic Review, American Economic Association, vol. 66(2), pages 361-368, May.
    10. Fung, K. C., 1989. "Profit-sharing and European unemployment," European Economic Review, Elsevier, vol. 33(9), pages 1787-1798, December.
    11. Fung, K. C., 1989. "Unemployment, profit-sharing and Japan's economic success," European Economic Review, Elsevier, vol. 33(4), pages 783-796, April.
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    Cited by:

    1. Kato, Takao & Kauhanen, Antti, 2013. "Performance Pay and Enterprise Productivity: The Details Matter," ETLA Working Papers 21, The Research Institute of the Finnish Economy.
    2. Ohkusa, Yasushi & Ohtake, Fumio, 1997. "The Productivity Effects of Information Sharing, Profit Sharing, and ESOPs," Journal of the Japanese and International Economies, Elsevier, vol. 11(3), pages 385-402, September.
    3. Kyoung Yong Kim & Pankaj C. Patel, 2021. "A Multilevel Contingency Model of Employee Ownership and Firm Productivity: The Moderating Roles of Industry Growth and Instability," Organization Science, INFORMS, vol. 32(3), pages 625-648, May.
    4. Morley Gunderson & Jeffrey Sack & James McCartney & David Wakely & Jonathan Eaton, 1995. "Employee Buyouts in Canada," British Journal of Industrial Relations, London School of Economics, vol. 33(3), pages 417-442, September.
    5. KATO Takao & MIYAJIMA Hideaki & OWAN Hideo, 2016. "Does Employee Stock Ownership Work? Evidence from publicly-traded firms in Japan," Discussion papers 16073, Research Institute of Economy, Trade and Industry (RIETI).
    6. MAHMOOD Athar, 2020. "Employee Stock Option Plans: A Meta-Analysis (Understanding Impact Of Esops Through Literature)," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 15(1), pages 100-114, April.

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