Relating Equity Investment to Human Resource Development for Business Benefits

A conceptual model relating equity investment to human resource development (HRD) that results in business benefits was developed based on extant theories on employee stock ownership, organizational learning, alignment, and risk shift. Businesses will benefit from a more committed and effective work...

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Bibliographic Details
Published in:The Business renaissance quarterly 2008-10, Vol.3 (3), p.59
Main Authors: Song, Jae H, Rhee, Yinsog, Adams, Carl R, Azevedo, Ross E
Format: Article
Language:English
Subjects:
Accountability
Costs
Employee benefits
Employee empowerment
Employee ownership
Employee stock ownership plans
Employees
Employers
Equity
ESOP
Households
Human resource management
Human resources
Investment
Investments
Knowledge
Organizational learning
Retirement
Stocks
Workers
Workforce
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Summary:A conceptual model relating equity investment to human resource development (HRD) that results in business benefits was developed based on extant theories on employee stock ownership, organizational learning, alignment, and risk shift. Businesses will benefit from a more committed and effective workforce, receiving more employee support for retirement and health programs that reduce risks for businesses, and a social and political environment that is more favorable to business values. Needed HRD actions include educating their employees about the benefits available, providing their employees with the capability to manage their equity investments, and strengthening participant management to enhance the commitment and effectiveness of their workforce. [PUBLICATION ABSTRACT]
ISSN:1930-7462