Erratum

• Published date: 01 May 2021
• Date: 01 May 2021
• DOI: http://doi.org/10.1111/irj.12326

ERRATUM

In Yoon and Sengupta, 2019, the published article contains errors in Table 4. The correct table

is shown below. We apologize to the authors and readers for this error. All results and

conclusions of this article remain unchanged.

TABLE 4 Comparison of the Golden-Handcuff Effect (OLS).

Economic Expansion.

Dependent variable: Log

10

Turnover Rate

Variables

Korea (2007) Britain (2004)

Model

A1

Model

A2

Model

A3

Model

A4

Model

B1

Model

B2

Model

B3

Model

B4

Constant −1.029** −1.015** −0.968** −0.371** −1.022** −1.188** −1.184** −0.866*

(0.029) (0.034) (0.043) (0.143) (0.032) (0.041) (0.370) (0.360)

Presence of ESO

scheme

0.044 0.052 0.058 0.032 −0.047 −0.098* −0.125** −0.093*

(0.050) (0.050) (0.050) (0.045) (0.046) (0.045) (0.044) (0.042)

Industry controls N Y Y Y N Y Y Y

Occupation ratio

controls

NNYYNNYY

Workplace/Firm

characteristics

controls

NNNYNNNY

R

2

(F) 0.002 0.016 0.024* 0.271** 0.003 0.086** 0.242** 0.351**

(0.750) (2.335) (2.522) (13.893) (1.072) (12.935) (10.727) (10.145)

ΔR

2

0.015* 0.007 0.247** 0.086** 0.156** 0.109**

N 424 416

Economic Downturn.

Dependent variable: Log

10

Turnover Rate

Variables

Korea (2011) Britain (2011)

Model

C1

Model

C2

Model

C3

Model

C4

Model

D1

Model

D2

Model

D3

Model

D4

Constant −1.056** −1.053** −1.010** −0.577** −1.209** −1.473** −0.881** −1.008**

(0.028) (0.030) (0.044) (0.144) (0.034) (0.053) (0.098) (0.157)

DOI: 10.1111/irj.12326

© 2021 Brian Towers (BRITOW) and John Wiley & Sons Ltd.

286 Ind. Relat. 2021;52:286–287.wileyonlinelibrary.com/journal/irj