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Buying into Capitalism? Employee Ownership in a Disconnected Era

Brown, Ross; McQuaid, Ronald; Raeside, Robert; Dutton, Matthew; Egdell, Valerie; Canduela, Jesus

Authors

Ross Brown

Ronald McQuaid

Valerie Egdell

Jesus Canduela



Abstract

This article considers whether employee ownership mitigates the negative workplace outcomes identified by the Disconnected Capitalism Thesis (DCT). Drawing on a programme of in‐depth interviews with workers and managers in employee‐owned businesses (EOBs), the article reveals how they are partially insulated from the vicissitudes endemic within contemporary capitalism. In contrast to the workplace outcomes envisaged within the DCT, these firms are characterized by strong workforce participation, high levels of employment security, active employee engagement and strong levels of employee creativity. Not only are these features beneficial for productivity and firm performance, they generate a form of ‘connected’ capitalism, partially offsetting wider negative systemic forces at play in the economy.

Journal Article Type Article
Acceptance Date Mar 23, 2018
Online Publication Date Apr 18, 2018
Publication Date 2019-02
Deposit Date Apr 19, 2018
Publicly Available Date Apr 19, 2020
Journal British Journal of Industrial Relations
Print ISSN 0007-1080
Electronic ISSN 1467-8543
Publisher Wiley
Peer Reviewed Peer Reviewed
Volume 57
Issue 1
Pages 62-85
DOI https://doi.org/10.1111/bjir.12309
Public URL http://researchrepository.napier.ac.uk/Output/1160473
Contract Date Apr 23, 2018

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Buying into Capitalism? Employee Ownership in a Disconnected Era (328 Kb)
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Copyright Statement
This is the peer reviewed version of the following article: Brown, R. , McQuaid, R. , Raeside, R. , Dutton, M. , Egdell, V. and Canduela, J. (2018), Buying into Capitalism? Employee Ownership in a Disconnected Era. British Journal of Industrial Relations. . doi:10.1111/bjir.12309, which has been published in final form at https://doi.org/10.1111/bjir.12309
This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.


Buying into Capitalism? Employee Ownership in a Disconnected Era (65 Kb)
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Copyright Statement
This is the peer reviewed version of the following article: Brown, R. , McQuaid, R. , Raeside, R. , Dutton, M. , Egdell, V. and Canduela, J. (2018), Buying into Capitalism? Employee Ownership in a Disconnected Era. British Journal of Industrial Relations. . doi:10.1111/bjir.12309, which has been published in final form at https://doi.org/10.1111/bjir.12309
This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.







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