Please use this identifier to cite or link to this item:https://hdl.handle.net/20.500.12259/36286
Type of publication: Straipsnis tarptautinėse DB ir/ar pripažintose leidyklose (S4);Article in international databases and / or recognized publishing houses (S4)
Field of Science: Politic sciences (S002);Politikos mokslai (S002)
Author(s): Civinskas, Remigijus;Dvorak, Jaroslav
Title: New social cooperation model in service oriented economy: the case of employee financial participation in the Baltic states
Is part of: Engineering management in production and services. Bialystok : Bialystok University of Technology Publishing House, 2017, Vol. 9, iss. 3
Extent: p. 37-50
Date: 2018
Note: Online ISSN: 2543-912X
Keywords: Employee ownership;Profit sharing;Company management;Empoyee financial participation
Abstract: The article discusses the issues of employee financial participation in Baltic states which differs and depends on political, legal and economic preconditions. The aim of the research is to analyse employee financial participation as an instrument for collaboration in companies and a new social cooperation model in the Baltic states. The qualitative research was conducted by telephone and e-mail in 2016. The interviews were carried out with the experts (academics, civil servants, lawyers and human resource consultants working in a relevant field) as well some trade union and company representatives. In general, the new policy for supporting employee financial participation has been renewed in Latvia and Lithuania. It started recently with the revision of the legislative framework that was initially established during the privatisation period. The revision of the Law of Companies was driven by the business interest (to have a new effective human resource management tool or to transfer employee share plans from parent companies in Western countries to subsidiaries in the Baltic states) to introduce (or revise, in the case of Lithuania) new employee share ownership (ESO) plans. The research has also proven that there are common similarities in the use of employee financial participation plans despite the existing differences which are based on national features, such as tax and legal regimes, historical development patterns, or economic and structural factors
Internet: https://hdl.handle.net/20.500.12259/36286
https://doi.org/10.1515/emj-2017-0024
https://doi.org/10.1515/emj-2017-0024
Affiliation(s): Vytauto Didžiojo universitetas
Klaipėdos universitetas
Politikos mokslų ir diplomatijos fakultetas
Appears in Collections:1. Straipsniai / Articles
Universiteto mokslo publikacijos / University Research Publications

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