Cooperating with the Disempowered
研究员工持股计划与员工参与项目如何共同构建管理层与员工之间的利益相关者关系，并分析其对提升企业绩效的作用，为管理者和研究者提供参考。
Although researchers have begun to examine how firms manage their entire web of stakeholder relationships, the component relationships also require theoretical and empirical examination. Several studies have found that Employee Stock Ownership Plans (ESOPs) have a positive impact on firm performance. The authors explain these results by hypothesizing that ESOPs, when combined with employee participation programs, forge a stakeholder relationship between management and employees. The authors offer criteria for identifying stakeholder relationships, provide background on ESOPs, analyze why they contribute to establishing such a relationship, and examine how published empirical research supports this analysis. The authors conclude by suggesting directions for future research.