This volume of "Advances in the Economic Analysis of Participatory and Labor-Managed Firms" consists of twelve original and innovative articles. The first four papers relate to the growing literature on employee participation and firm performance. The second group of papers looks at the impact of ownership structures into managerial compensation and control. The third set of papers analyzes the role of co-operatives in the changing economic environment. The three papers in the final section range from the historical perspective on participation to the role different forms of participation may play in the future. Together, these papers draw on the expertise of a number of leading thinkers in the area and promise the reader a challenge to help deliver practical policies to transform our work world and society. The series: is international in scope; and fills substantial gap in this field. Although its primary focus is economic, the editors welcome analytical studies from related fields.
Foreword D.C. Jones (Series Editor), Introduction (P. Kalmi, M. Klinedinst) (guest editors) Theme I: Employee participation, firm performance 1. What types of organizations benefit from team production, and how do they benefit? (J. De Varo, F.A. Kurtulus). 2. The nature, scope,and effects of joint labor management committees in Japan (T. Kato). 3. Employee ownership as a joint management-labor drive towards Caring, sharing (E.Maaloe). 4. Employee participation rights in corporate governance: an economic rationale, a test of a leading theory, and some initial policy proposals (S.C. Smith). Theme II: Managerial compensation, control 5. Performance related pay in Danish cooperative creameries (M. Hviid). 6. Corporate governance and executive compensation in Bulgaria after mass privatization: evidence from new panel data (D.C. Jones, M. Klinedinst). Theme III: Co-operatives, social enterprises 7. Workers' cooperatives as an alternative competitive organizational form (M. Altman). 8. Co-operatives in globalization: the advantages of networking (I. Halary). 9. Positive externalities of organisational culture: the social integration of working adults with learning disabilities (A. Mukolo, R. Brisoe, A. Salim). Theme IV: Participation: past, present, future 10. Guild socialism revisited, and its Yugoslav counterpart(M. Ferrero). 11. Whither self-management? New paths to workplace democracy (D. Ellerman). 12. The future of broad-based options: what research tells us(C.Rosen).