Agree with your point on buy-in. I think these are largely a psychological tool to encourage people to take ownership of certain outcomes.
I have in fact experienced employees (peers) that will simply slack off and say they "weren't told what to do" when asked. It's infuriating to work with those kind of people. Those have been exceptions though.
I have no idea, but I think the psych literature (and common experience) does show that people will take stronger ownership of stuff they defined themselves in the first place (well, duh). If HR think they can get more buy-in for free then why would they not go for it.