IDEAS home Printed from https://ideas.repec.org/a/sae/ecoind/v32y2011i3p439-457.html
   My bibliography  Save this article

Employee share ownership and human capital development: Complementarity in theory and practice

Author

Listed:
  • Andrew Pendleton

    (University of York, UK, ap516@york.ac.uk)

  • Andrew Robinson

    (University of Leeds, UK)

Abstract

The article examines the relationship between share ownership plans and employer-provided training. It is argued that share ownership plans are conducive to training provision because they help to generate employee commitment and function to lock employees into the firm. By so doing, they lower the risks faced by employers that returns to investments in training may not be realized. Share plans are more flexible for employers than other, more traditional, ways of rewarding employees for investing their human capital in the firm. The relationship between share plans and human capital development is tested empirically using the British Workplace Employment Relations Survey. It is found that the use of share plans and high employee participation in them is associated with high training coverage. Overall, the empirical evidence is supportive of the perspective discussed and developed in this article.

Suggested Citation

  • Andrew Pendleton & Andrew Robinson, 2011. "Employee share ownership and human capital development: Complementarity in theory and practice," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 32(3), pages 439-457, August.
    • Handle: RePEc:sae:ecoind:v:32:y:2011:i:3:p:439-457
    DOI: 10.1177/0143831X10387650
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0143831X10387650
    Download Restriction: no
    File URL: https://libkey.io/10.1177/0143831X10387650?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:ecoind:v:32:y:2011:i:3:p:439-457. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.ekhist.uu.se/english.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.