Kim, Jungook. The individual and societal level impact of broad-based share compensation and workplace experience. Retrieved from https://doi.org/doi:10.7282/t3-6g8s-k709
DescriptionThis study analyzes a unique data to examine the individual level and indirect societal level impact of broad-based share compensation (BBSC), which is a combination of compensation schemes that link employee wealth to the firm’s financial performance. Drawing on previous research evidence of individual and firm performance effect of BBSC, this study expands the knowledge towards if and how BBSC leads to increased perception of fairness and sense of ownership. In addition to the individual level outcomes which have performance implications, this study also explores the effect of BBSC on individuals’ willingness to participate in political and civic activities. The results of this study provide insights on individual level and indirect societal level outcomes of BBSC.