Tools
ToolsMcCarthy, D. and Palcic, D., 2012. The Impact of Large-scale Employee Share Ownership Plans on Labour Productivity: The Case of Eircom. International Journal of Human Resource Management, 23 (17), 3710-3724.
This is the latest version of this eprint.
Full text available as:
|
PDF (Word to PDF conversion (via antiword) conversion from application/msword to application/pdf)
McCarthy_and_Palcic_2012._large_scale._eircom.pdf - Accepted Version 84kB | |
|
Copyright to original material in this document is with the original owner(s). Access to this content through BURO is granted on condition that you use it only for research, scholarly or other non-commercial purposes. If you wish to use it for any other purposes, you must contact BU via BURO@bournemouth.ac.uk. Any third party copyright material in this document remains the property of its respective owner(s). BU grants no licence for further use of that third party material. |
DOI: 10.1080/09585192.2012.655762
Abstract
Large-scale Employee Share Ownership Plans (ESOPs) have been a distinctive characteristic of Irish public enterprise reform, with shareholdings of 14.9 per cent being allocated to employees as part of firm restructuring and privatisation programmes. This paper presents a case study analysis of a large-scale ESOP in Eircom, Ireland’s former national telecommunications operator. We identify changes in labour productivity during the eight years before and after the establishment of the company’s ESOP and use a framework based on Pierce et al. (2001, 1991) to explore the role played by the ESOP. The ESOP was found to play a key role in enabling firm-level reform through concession bargaining and changes in employee relations, and thereby indirectly affecting labour productivity. However, despite the substantial shareholding and influence of the ESOP, we find it has failed to create a sense of psychological ownership among employees, and thereby further impact on productivity
| Item Type: | Article |
|---|---|
| ISSN: | 0958-5192 |
| Uncontrolled Keywords: | broad-based stock options, employee share ownership, employee share ownership plans (ESOPs), labour productivity, privatisation, public sector reform |
| Group: | Bournemouth University Business School |
| ID Code: | 20405 |
| Deposited By: | Mr Dermot McCarthy |
| Deposited On: | 05 Sep 2012 10:33 |
| Last Modified: | 14 Mar 2022 13:45 |
Available Versions of this Item
-
The Impact of Large-scale Employee Share Ownership Plans on Labour Productivity: The Case of Eircom. (deposited 14 Feb 2012 13:29)
- The Impact of Large-scale Employee Share Ownership Plans on Labour Productivity: The Case of Eircom. (deposited 05 Sep 2012 10:33) [Currently Displayed]
Downloads
Downloads per month over past year
| Repository Staff Only - |