Purpose A range of studies have shown that performance is typically higher in organisations with employee share ownership (ESO) schemes in place. Many possible causal mechanisms explaining this relationship have been suggested. These include a reduction in labour turnover, synergies with other...

The concept of the Low Skills Equilibrium (LSE) denotes a mutually reinforcing set of mechanisms that generate a pattern of low skills and low productivity. The idea has been a powerful one in both analytical and policy terms. There is growing emphasis on the need to study the LSE at the level...

Research on the causes of bank failure has focused on developed countries, particularly the United States of America. Relatively little empirical work has examined developing countries. We examine the total population of banks in Jamaica between 1992 and 1998 and find that real GDP growth, size,...

Research on the causes of bank failure has focused on developed countries, particularly the United States of America. Relatively little empirical work has examined developing countries. We examine the total population of banks in Jamaica between 1992 and 1998 and find that real GDP growth, size,...