Identyfikatory
Warianty tytułu
Języki publikacji
Abstrakty
The article discusses the issues of employee financial participation in Baltic states which differs and depends on political, legal and economic preconditions. The aim of the research is to analyse employee financial participation as an instrument for collaboration in companies and a new social cooperation model in the Baltic states. The qualitative research was conducted by telephone and e-mail in 2016. The interviews were carried out with the experts (academics, civil servants, lawyers and human resource consultants working in a relevant field) as well some trade union and company representatives. In general, the new policy for supporting employee financial participation has been renewed in Latvia and Lithuania. It started recently with the revision of the legislative framework that was initially established during the privatisation period. The revision of the Law of Companies was driven by the business interest (to have a new effective human resource management tool or to transfer employee share plans from parent companies in Western countries to subsidiaries in the Baltic states) to introduce (or revise, in the case of Lithuania) new employee share ownership (ESO) plans. The research has also proven that there are common similarities in the use of employee financial participation plans despite the existing differences which are based on national features, such as tax and legal regimes, historical development patterns, or economic and structural factors.
Rocznik
Tom
Strony
37--50
Opis fizyczny
Bibliogr. 43 poz., rys., tab.
Twórcy
autor
- Vytautas Magnus University, Faculty of Political Sciences and Diplomacy, Lithuania
autor
- Klaipėda University, Faculty of Social Sciences, Lithuania
Bibliografia
- Berķe-Berga, A. (2013a). Development of Employee Share Ownership in Latvia [Doctoral dissertation]. Riga, Latvia: Riga Technical University.
- Berke-Berga, A. (2013b). Employee ownership model for Latvia. Scientific Journal of Riga Technical University: Economics and Business, 23, 6-12.
- Berķe-Berga, A. (2014). Development of Employee Share Ownership in Latvia. International Journal of Business and Management Studies, 3(1), 167-178.
- Blasi, J., Freeman, R., & Kruse, D. (2016). Do Broad‐based Employee Ownership, Profit Sharing and Stock Options Help the Best Firms Do Even Better? British Journal of Industrial Relations, 54(1), 55-82.
- Blasi, J.R., Kruse, D.L., & Freeman, R.B. (2010a). Epilogue (and Prologue). In D.L. Kruse, R.B. Freeman, J R. Blasi (Eds.), Shared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-based Stock Options (pp. 377-386). Chicago, USA: University of Chicago Press.
- Blasi, J.R., Kruse, D.L., & Freeman, R.B. (2010b). Introduction. In D.L. Kruse, R.B. Freeman, J.R. Blasi (Eds.), Shared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-based Stock Options (pp. 1-41). Chicago, USA: University of Chicago Press.
- Blasi, J., Kruse, D., & Weltmann, D. (2013). Firm Survival and Performance in Privately Held ESOP Companies. In D. Kruse (Ed.), Sharing Ownership, Profits, and Decision-Making in the 21st Century (pp. 109-124). Bingley, England: Emerald Group Publishing Limited.
- Bryson, A., & Freeman, R.B. (2010). How Does Shared Capitalism Affect Economic Performance in the United Kingdom? In D.L. Kruse, R.B. Freeman, J.R. Blasi (Eds.), Shared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-based Stock Options (pp. 201-224). Chicago, USA: University of Chicago Press.
- Darskuviene, V., & Vazniokas, P. (2006). Stock Ownership as a Form of Employee and Management Financial Participation: Factors of Development in Lithuania. Organizacijų Vadyba: Sisteminiai Tyrimai, 38, 33-51.
- Eamets, R., Mygind, N., & Spitsa, N. (2008). The Development of Employee Financial Participation in Estonia. Baltic Journal of Management, 3(2), 218-231.
- Gapoņenko, I. et al. (2008). Eiropas pieredze darbinieku finansiālai līdzdalībai uzņēmuma darbības rezultātos un tās izmantošana Baltijas valstīs [European experience of employee financial participation in company performance and its use in the Baltic States]. Riga, Latvia: Eiropas Pētījuma Institūts.
- Jaakson, K., & Kallaste, E. (2014). Who Uses Employee Financial Participation in an Adverse Environment? The Case of Estonia. Economic and Industrial Democracy, 37(3), 449-467.
- Kollektiivsed töösuhted [Collective Employment Relationships]. (2011). Kvantitatiivuuringu raport [Quantitative Study Report]. Tallinn, Estonia: Keskus CentAR
- Kranz, O., Steger, T., & Hartz, R. (2016). The Employee as the Unknown Actor? A Discourse Analysis of the Employee Share Ownership Debate with Special Emphasis on Central and Eastern Europe. Organizacija, 49(2), 77-92.
- Landau, I., Mitchell, R., O’Connell, A., & Ramsay, I. (2007). Employee Share Ownership: A Review of the Literature. Melbourne, Australia: Melbourne Law School, & The University of Melbourne.
- Lowitzsch, J. (Ed.). (2009a). Financial Participation of Employees in the EU-27. London, England: Palgrave Macmillan.
- Lowitzsch, J. (Ed.). (2009b). The PEPPER IV Report: Benchmarking of Employee Participation in Profits and Enterprise Results in the Member and Candidate Countries of the European Union. Berlin, Germany: Free University of Berlin, Institute for Eastern European Studies, & Inter-University Centre Split Berlin.
- Lowitzsch, J. (2012). Employee Financial Participation in Public Services in the European Union. Retrieved from http://www.ceep.eu/images/stories/pdf/events/efp/reportEFP.pdf
- Lowitzsch, J., & Hashi, I. (2006). The PEPPER III Report: Promotion of Employee Participation in Profits and Enterprise Results in the New Member and Candidate Countries of the European Union. Berlin, Germany: Free University of Berlin, Institute for Eastern European Studies, & Inter-University Centre Split-Berlin.
- Lowitzsch, J., & Hashi, I. (2014). The Promotion of Employee Ownership and Participation. Brussels, Belgium: European Union.
- McCarthy, D. (2016). Employees Financial Participation. In J. Holsher, H. Tomann (Eds.), Palgrave Dictionary of Emerging Markets and Transition Economics, (pp. 508-521). London, England: Palgrave Macmillan.
- Mygind, N. (2012). Trends in Employee Ownership in Eastern Europe. The International Journal of Human Resource Management, 23(8), 1611-1642.
- O'Boyle, E.H., Patel, P.C., & Gonzalez‐Mulé, E. (2016). Employee Ownership and Firm Performance: A Meta-analysis. Human Resource Management Journal, 26(4), 425-488.
- Olagues, J., & Summa, J.F. (2010). Getting Started in Employee Stock Options. New Jersey, USA: John Wiley & Sons.
- Orlova, J. (2013). Nepieciešamība iekļaut akciju opciju regulējumu komerclikumā [The need to incorporate stock options into commercial law]. Jurista vārds, 27(28), 778-779.
- Pendleton, A. (2001). Employee Ownership, Participation and Governance: A Study of ESOPs in the UK. London, England, & New York, USA: Routledge.
- Pendleton, A. (2011). Employee Ownership in Britain: Diverse Forms, Diverse Antecedents. In E.J. Carberry (Ed.), Employee Ownership and Shared Capitalism: New Directions in Research, pp. 311-339. Baltimore, USA: Labor and Employment Relations Association.
- Poole, M., & Jenkins, G. (2013). The Impact of Economic Democracy: Profit-sharing and Employee-shareholding Schemes. New York, USA: Routledge.
- Postlethwaite, R., Michie, J., Burns, P., & Nuttall, G. (2005). Shared Company: How Employee Ownership Works. Melton, England: Job Ownership Limited.
- Poutsma, E. (2001). Recent Trends in Employee Financial Participation in the European Union. Dublin, Ireland: European Foundation for the Improvement of Living and Working Conditions.
- Poutsma, E., & Braam, G. (2012). Financial Participation Plans and Firm Financial Performance: Evidence from a Dutch Longitudinal Panel. In A. Bryson (Ed.), Advances in the Economic Analysis of Participatory and Labor-managed Firms, (pp.139-183). Bingley, England: Emerald Group Publishing Limited.
- Poutsma, E., Ligthart, P., Pendleton, A., & Brewster, C. (2013). The Development of Employee Financial Participation in Europe. In E. Parry, E. Stavrou, M. Lazarova (Eds.), Global Trends in Human Resource Management pp. 179-213. London, England: Palgrave Macmillan.
- Reynolds, J.N. (2015). Sharing Profits. London, England: Palgrave Macmillan.
- Richter, A., & Schrader, S. (2016). Financial Participation and Recruitment and Retention: Causes and Consequences. The International Journal of Human Resource Management (In Press).
- Rīkojums Nr. 694 Par Uzņēmējdarbības vides uzlabošanas pasākumu plānu 2014-2015 gadam [Directive Nr. 694 of the Cabinet of Ministers of Latvia on the Action Plan for Improvement of the Business Environment for 2014-2015] 2014 (LV).
- Rimas, J. (2009). Akcijų opcionai kaip privataus kapitalo investuotojo ir bendrovės vadovų interesų derinimo priemonė [Stock options as a means to align the interests of the private equity investor and target managers]. Teisė, 73, 124-136.
- Seimas of Republic of Lithuania [Parliament of Lithuania]. (2015). Explanatory Letter on Law of Joint Stock Company of Republic of Lithuania. Retrieved from https://e-seimas.lrs.lt/rs/lasupplement/TAP/360917d0aed911e59010bea026bdb259/cc237458aed911e-59010bea026bdb259/format/ISO_PDF/
- Sippola, M. (2009). The Two Faces of Nordic Management? Nordic Firms and Their Employee Relations in the Baltic States. The International Journal of Human Resource Management, 20(9), 1929-1944.
- Sippola, M. (2013). The Awkward Choices Facing the Baltic Worker: Exit or Loyalty. Journal of Baltic Studies, 44(4), 451-473.
- Shipper, F., Manz, C.C., Manz, K.P., & Nobles, B. (2014). Shared entrepreneurship: Toward an ethical, dynamic, empowering, freedom-based process of collaborative innovation. In F. Shipper (Ed.), Shared Entrepreneurship pp. 7-26. New York, USA: Palgrave Macmillan.
- Thompson, P.B., Shanley, M., & McWilliams, A. (2013). Ownership culture and strategic Adaptabilit. Journal of Business Strategies, 30(2), 145-179.
- Ugarković, M. (2008). Profit Sharing: Supplement or Substitute? In M. Ugarković (Ed.), Profit Sharing and Company Performance (pp. 71-78). Wiesbaden, Germany: Gabler Verlag, & Springer Fachmedien.
- Woolfson, C., Kallaste, E., & Berzins, J. (2011). Industrial Relations and Social Dialogue in the Baltic StatesCrisis, Conflict and Compromise. In S. Contrepois, V. Delteil, P. Dieuaide, S. Jeffrys (Eds.), Globalizing Employment Relations (pp. 179-197). London, England: Palgrave Macmillan.
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-2b7d9fd6-7c22-47ca-9254-1935e6d75c1e