The performance of employee-owned businesses in Scotland : some preliminary empirical evidence
Brown, Ross and McQuaid, Ronald and Raeside, Robert and Canduela, Jesus (2014) The performance of employee-owned businesses in Scotland : some preliminary empirical evidence. Fraser of Allander Economic Commentary, 37 (3). pp. 108-117. ISSN 2046-5378
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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 employee owned firms and a quasi-experimental comparison of these firms against a control group of non-employee 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. The results of this analysis are discussed and the policy implications arising from the study are outlined.
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Item type: Article ID code: 47188 Dates: DateEvent13 March 2014PublishedSubjects: Social Sciences > Economic Theory
Social Sciences > Commerce
Social Sciences > FinanceDepartment: Faculty of Humanities and Social Sciences (HaSS)
Strathclyde Business School > Fraser of Allander InstituteDepositing user: Pure Administrator Date deposited: 13 Mar 2014 12:53 Last modified: 08 Nov 2024 01:33 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/47188