Article
Details
Citation
Brown R, McQuaid R, Raeside R & Canduela J (2014) The performance of employee-owned businesses in Scotland: some preliminary empirical evidence. Fraser of Allander Institute Economic Commentary, 37 (3), pp. 108-117. https://www.strath.ac.uk/media/departments/economics/fairse/backissues/Fraser_Economic_Commentary_Vol_37_No_3.pdf
Abstract
In recent years, there has been a growing focus on promoting the concept of employee-ownership of businesses within public policy. One of the strong drivers of this is an assumption that these businesses out-perform conventionally structured businesses. This paper highlights some of the findings from the first empirical examination of the growth performance of employee-owned businesses (EOBs) ever undertaken in Scotland. The study involved an in-depth examination of a small sample of employeeowned firms and a quasi-experimental comparison of these firms against a control group of nonemployee owned firms. The study confirms that the performance of EBOs is generally superior to that of non EBOs on a number of different variables. On average, employee-owned firms both employ more staff and exhibit higher turnover growth than their peers.
Keywords
performance; employee-owned businesses; Scotland
Journal
Fraser of Allander Institute Economic Commentary: Volume 37, Issue 3
Status | Published |
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Publication date | 14/03/2014 |
URL | http://hdl.handle.net/1893/19558 |
Publisher | Strathclyde University |
Publisher URL | https://www.strath.ac.uk/…_Vol_37_No_3.pdf |
ISSN | 0428-1276 |
People (1)
Emeritus Professor, Management, Work and Organisation