Employee Stock Ownership and Participation in South Korea: Incidence, Productivity Effects, and Prospects

The paper examines employee stock ownership plans in South Korea. The incidence and characteristics of ESOPs in publicly traded manufacturing firms is reported. Korean employees do not participate in ESOPs either financially or in decision‐making to the extent they could under the law. Evidence that...

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Veröffentlicht in:Review of development economics 2002-06, Vol.6 (2), p.263-283
Hauptverfasser: Cin, Beom-cheol, Smith, Stephen C.
Format: Artikel
Sprache:eng
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