RT Journal Article
T1 Are policy measures effective in encouraging the creation of competitive employee-owned firms?
A1 Croce, Annalisa
A1 Martí Pellón, José Pedro
A1 Martín López, Sonia
AB The literature highlights positive and negative effects of employee ownership on firm performance, which are heavily dependent on the type of employee-owned firm (EOF) analyzed. We focus on EOFs created under policy-related schemes designed to incentivise job creation, especially in times of crisis. We analyse performance in a large sample of a special type of EOFs in Spain and compare the results with those of a matched sample of conventional capitalist firms. Our results show that these EOFs have more difficult access to valuable resources, and show significantly worse long-term performance than their peers. We argue that the limitations imposed on becoming eligible to profit from the incentives of the schemes may derive in the creation of firms that do not perform adequately in the long run.
PB Sage
SN 0143-831X
YR 2018
FD 2018
LK https://hdl.handle.net/20.500.14352/91773
UL https://hdl.handle.net/20.500.14352/91773
LA eng
NO Croce, Annalisa, José Martí, y Sonia Martín-López. «Are Policy Measures Effective in Encouraging the Creation of Competitive Employee-Owned Firms?» Economic and Industrial Democracy 42, n.o 1 (febrero de 2021): 5-26. https://doi.org/10.1177/0143831X17745688.
DS Docta Complutense
RD 14 abr 2025