{"id":"https://openalex.org/W2012166478","doi":"https://doi.org/10.1111/j.1748-8583.2010.00128.x","title":"Employee share ownership and investment concentration: which employee shareholders fail to diversify?","display_name":"Employee share ownership and investment concentration: which employee shareholders fail to diversify?","publication_year":2010,"publication_date":"2010-02-25","ids":{"openalex":"https://openalex.org/W2012166478","doi":"https://doi.org/10.1111/j.1748-8583.2010.00128.x","mag":"2012166478"},"language":"en","primary_location":{"id":"doi:10.1111/j.1748-8583.2010.00128.x","doi":"https://doi.org/10.1111/j.1748-8583.2010.00128.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1748-8583.2010.00128.x","pdf_url":null,"source":{"id":"https://openalex.org/S113497174","display_name":"Human Resource Management Journal","issn_l":"0954-5395","issn":["0954-5395","1748-8583"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Human Resource Management Journal","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5007540187","display_name":"Andrew Pendleton","orcid":"https://orcid.org/0000-0002-9497-3238","observed_orcids":["https://orcid.org/0000-0002-9497-3238"]},"institutions":[{"id":"https://openalex.org/I52099693","display_name":"University of York","ror":"https://ror.org/04m01e293","country_code":"GB","type":"education","lineage":["https://openalex.org/I52099693"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"Andrew Pendleton","raw_affiliation_strings":["York Management School, University of York"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"York Management School, University of York","institution_ids":["https://openalex.org/I52099693"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5007540187"],"corresponding_institution_ids":["https://openalex.org/I52099693"],"apc_list":{"value":4250,"currency":"USD","value_usd":4250},"apc_paid":null,"fwci":2.2376,"has_fulltext":false,"cited_by_count":42,"citation_normalized_percentile":{"value":0.93095605,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":100},"biblio":{"volume":"20","issue":"2","first_page":"157","last_page":"174"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.9839000105857849,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.9839000105857849,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.007300000172108412,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12121","display_name":"Cooperative Studies and Economics","score":0.003700000001117587,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/employee-share-ownership","display_name":"employee share ownership","score":0.9959999918937683},{"id":"https://openalex.org/keywords/investment-concentration","display_name":"investment concentration","score":0.7279999852180481},{"id":"https://openalex.org/keywords/portfolio-diversification","display_name":"portfolio diversification","score":0.9539999961853027},{"id":"https://openalex.org/keywords/employee-savings","display_name":"employee savings","score":0.718999981880188},{"id":"https://openalex.org/keywords/organizational-commitment","display_name":"organizational commitment","score":0.7929999828338623},{"id":"https://openalex.org/keywords/gender-differences","display_name":"gender differences","score":0.6729999780654907},{"id":"https://openalex.org/keywords/income","display_name":"income","score":0.5540000200271606},{"id":"https://openalex.org/keywords/age","display_name":"age","score":0.7020000219345093},{"id":"https://openalex.org/keywords/investment-monitoring","display_name":"investment monitoring","score":0.652999997138977}],"concepts":[{"id":"https://openalex.org/C120757647","wikidata":"https://www.wikidata.org/wiki/Q381136","display_name":"Shareholder","level":3,"score":0.7430227398872375},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.7059038281440735},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6542374491691589},{"id":"https://openalex.org/C110121322","wikidata":"https://www.wikidata.org/wiki/Q865811","display_name":"Distribution (mathematics)","level":2,"score":0.5491214394569397},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.5105277299880981},{"id":"https://openalex.org/C112758219","wikidata":"https://www.wikidata.org/wiki/Q16038819","display_name":"Duration (music)","level":2,"score":0.4976034462451935},{"id":"https://openalex.org/C145236788","wikidata":"https://www.wikidata.org/wiki/Q28161","display_name":"Labour economics","level":1,"score":0.42803049087524414},{"id":"https://openalex.org/C4249254","wikidata":"https://www.wikidata.org/wiki/Q3044431","display_name":"Demographic economics","level":1,"score":0.3945898115634918},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.36998239159584045},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2707010507583618},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.15552347898483276},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C124952713","wikidata":"https://www.wikidata.org/wiki/Q8242","display_name":"Literature","level":1,"score":0.0},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C142362112","wikidata":"https://www.wikidata.org/wiki/Q735","display_name":"Art","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1111/j.1748-8583.2010.00128.x","doi":"https://doi.org/10.1111/j.1748-8583.2010.00128.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1748-8583.2010.00128.x","pdf_url":null,"source":{"id":"https://openalex.org/S113497174","display_name":"Human Resource Management Journal","issn_l":"0954-5395","issn":["0954-5395","1748-8583"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Human Resource Management Journal","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth","score":0.7257999777793884}],"sustainable_development_goals_aurora":[{"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth","score":0.5400000214576721}],"study_designs":[{"id":"https://openalex.org/study-designs/observational-study","display_name":"Observational Study"}],"awards":[],"funders":[{"id":"https://openalex.org/F4320320298","display_name":"University of Leeds","ror":"https://ror.org/024mrxd33"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":26,"referenced_works":["https://openalex.org/W576391433","https://openalex.org/W1511005963","https://openalex.org/W1549962425","https://openalex.org/W1992700732","https://openalex.org/W2038884178","https://openalex.org/W2081717017","https://openalex.org/W2084029874","https://openalex.org/W2109061475","https://openalex.org/W2109632703","https://openalex.org/W2112170123","https://openalex.org/W2125069636","https://openalex.org/W2135979912","https://openalex.org/W2156545174","https://openalex.org/W2172184377","https://openalex.org/W2485921486","https://openalex.org/W2492410428","https://openalex.org/W3121626680","https://openalex.org/W3121674280","https://openalex.org/W3121776395","https://openalex.org/W3122078076","https://openalex.org/W3122935004","https://openalex.org/W3125105190","https://openalex.org/W3125190497","https://openalex.org/W3125801706","https://openalex.org/W3126080930","https://openalex.org/W4252159538"],"related_works":["https://openalex.org/W2767508241","https://openalex.org/W1538231963","https://openalex.org/W2131727734","https://openalex.org/W2948122468","https://openalex.org/W3121780483","https://openalex.org/W2109526838","https://openalex.org/W3125150278","https://openalex.org/W3123655722","https://openalex.org/W2901107284","https://openalex.org/W2101647086"],"abstract_inverted_index":{"Using":[0],"data":[1],"from":[2],"a":[3,24,97],"survey":[4],"of":[5,15,27,31,47,84,95,110],"employees":[6,28],"in":[7,17,34,72,86],"three":[8],"UK":[9],"companies,":[10],"the":[11,38,43,82,87,93],"article":[12,41],"examines":[13,42],"concentration":[14,55],"savings":[16,33],"employer":[18,35,111],"shares.":[19],"It":[20,50],"is":[21,51,56,101],"found":[22,52,61],"that":[23,53,78,105],"substantial":[25,108],"minority":[26],"hold":[29],"most":[30],"their":[32,118],"shares":[36,112],"despite":[37],"risks.":[39],"The":[40],"distribution":[44],"and":[45,68,81],"determinants":[46],"portfolio":[48,54],"concentration.":[49],"more":[57,120],"likely":[58],"to":[59,116],"be":[60],"among":[62],"men,":[63],"those":[64,69,106,123],"on":[65],"higher":[66],"incomes,":[67],"who":[70],"are":[71],"early":[73],"middle\u2010age.":[74],"Regression":[75],"analysis":[76],"indicates":[77],"organisational":[79],"commitment":[80],"duration":[83],"participation":[85],"share":[88],"ownership":[89],"plan":[90],"also":[91],"affects":[92],"probability":[94],"having":[96],"concentrated":[98],"portfolio.":[99],"There":[100],"no":[102],"clear":[103],"evidence":[104],"with":[107,124],"concentrations":[109],"take":[113],"active":[114],"steps":[115],"monitor":[117],"investments":[119],"closely":[121],"than":[122],"smaller":[125],"shareholdings.":[126]},"counts_by_year":[{"year":2026,"cited_by_count":3},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":2},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":20},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":1}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}
