share plans, share contributions, risk aversion, peer effects, social norms

Publication date: 1 Dec 2010 | Publication type: Journal article/book/chapter | Theme: Employment & Social policy | Authors: Bryson, A | External authors: Freeman, R. B. | JEL classification: D83; H3; I22; J33; J54
Many firms encourage employees to own company stock through share plans that subsidize the price at favorable rates, but even so many employees do not buy shares. Using a new survey of employees in a multinational with a share ownership plan, we find considerable variation in joining among...
Publication date: 30 Aug 2010 | Publication type: Journal article/book/chapter | Theme: Employment & Social policy | Authors: Bryson, A | External authors: Freeman, R. B. | JEL classification: D83; H3; I22; J33; J54 | Report to: NBER
Many firms encourage employees to own company stock through share plans that subsidize the price at favorable rates, but even so many employees do not buy shares. Using a new survey of employees in a multinational with a share ownership plan, we find considerable variation in joining among...