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Appears in Collections:Management, Work and Organisation Journal Articles
Title: The performance of employee-owned businesses in Scotland: some preliminary empirical evidence
Author(s): Brown, Ross
McQuaid, Ronald
Raeside, Robert
Canduela, Jesus
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Keywords: performance
employee-owned businesses
Issue Date: 14-Mar-2014
Date Deposited: 21-Mar-2014
Citation: Brown R, McQuaid R, Raeside R & Canduela J (2014) The performance of employee-owned businesses in Scotland: some preliminary empirical evidence. Fraser of Allander Institute Economic Commentary, 37 (3), pp. 108-117.
Abstract: In recent years, there has been a growing focus on promoting the concept of employee-ownership of businesses within public policy. One of the strong drivers of this is an assumption that these businesses out-perform conventionally structured businesses. This paper highlights some of the findings from the first empirical examination of the growth performance of employee-owned businesses (EOBs) ever undertaken in Scotland. The study involved an in-depth examination of a small sample of employeeowned firms and a quasi-experimental comparison of these firms against a control group of nonemployee owned firms. The study confirms that the performance of EBOs is generally superior to that of non EBOs on a number of different variables. On average, employee-owned firms both employ more staff and exhibit higher turnover growth than their peers.
Rights: The publisher has granted permission for use of this work in this Repository. Published in Fraser of Allander Institute Economic Commentary by Strathclyde University. Original article available at:

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