ESOPs in Croatia - Some Recent Developments and Issues
15 Pages Posted: 22 Mar 2013
Date Written: March 22, 2013
In this paper we review recent developments concerning ESOPs and present some theoretical framework for reviewing three diverging propositions for institutionalizing ESOPs in Croatia. The issues to be discussed involve rationales for ESOPs (how do ESOPs benefit employees, companies and the society), understanding diffusion of ESOPs in Croatia since 2000 and future expectations concerning ESOP performance.
Keywords: ESOPs, employee participation, incidence of employee ownership in Croatia
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