28 Pages Posted: 23 Mar 2004
This study investigates if stock purchase plan participation within an organization leads to (1) an increase in workers' individual cash compensation through enhanced individual job performance and (2) an increase in individual cash compensation beyond the cash compensation increase obtained through enhanced individual job performance. The sample consists of 5385 worker-year observations from a major financial institution. Results are consistent with the study's two hypotheses.
Suggested Citation: Suggested Citation
Renaud, Stephane and Magnan, Michel and St-Onge, Sylvie, The Impact of Stock Purchase Plan Participation on Workers' Individual Cash Compensation. Industrial Relations: A Journal of Economy and Society, Vol. 43, No. 1, pp. 120-147, January 2004. Available at SSRN: https://ssrn.com/abstract=513191
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