Abstract
Purpose – The purpose of this paper is to present a review which brings together the existing literature on the reasons for the decline in pension schemes.
Design/methodology/approach – Adopting a positivist stance, where the reality of man as an adaptor, in a study of systems, processes and change is observed, the authors undertake a review of the existing literature on pensions and pension accounting.
Findings – What is absent from the existing literature is a review of the extent to which both a variety and a combination of factors affect companies' decisions to close their defined benefit pension scheme.
Originality/value – The paper provides an holistic overview of the diverse range of literature that addresses the decline in pension schemes.
Design/methodology/approach – Adopting a positivist stance, where the reality of man as an adaptor, in a study of systems, processes and change is observed, the authors undertake a review of the existing literature on pensions and pension accounting.
Findings – What is absent from the existing literature is a review of the extent to which both a variety and a combination of factors affect companies' decisions to close their defined benefit pension scheme.
Originality/value – The paper provides an holistic overview of the diverse range of literature that addresses the decline in pension schemes.
| Original language | English |
|---|---|
| Pages (from-to) | 1296-1308 |
| Number of pages | 13 |
| Journal | Management Research Review |
| Volume | 34 |
| Issue number | 12 |
| DOIs | |
| Publication status | Published - 2011 |
Keywords
- pension schemes
- pensions
- defined benefit
- defined contribution
- financial management
- pension accounting