Expatriates as influencers in global work arrangements: Their impact on foreign-subsidiary employees’ ESOP participation |
| |
Institution: | 1. Department of Computer Engineering, Bilkent University, Ankara, Turkey;2. IBM T.J. Watson Research Center, Yorktown Heights, NY, USA |
| |
Abstract: | Employee stock-ownership plans (ESOPs) offered by multinational enterprises (MNEs) present an attractive investment for employees. Puzzlingly, participation rates are often low, raising the question what drives ESOP participation on a global scale. Grounded in the knowledge-based view of expatriate research, we build on the notion of expatriates as implicit knowledge transferors within MNEs. We hypothesize a positive effect of expatriate ESOP participation on subsidiary-employee ESOP participation, which is even higher when a subsidiary-employee’s distance toward the program and the firm is greater. Empirical results confirm our hypotheses suggesting that expatriates can be a mechanism to bridge the distance within MNEs. |
| |
Keywords: | Employee stock-ownership plans Expatriates Distance Subsidiaries Knowledge-based view |
本文献已被 ScienceDirect 等数据库收录! |
|