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Ebook Available

Advances in the Economic Analysis of Participatory and Labor-Managed Firms Vol: 11

Product Details
02 Dec 2010
Emerald Group Publishing Limited
282 pages - 156 x 234 x 25mm
Advances in the Economic Analysis of Participatory & Labor-Managed Firms


This volume includes theoretical and empirical research into changing institutions and employee participation. Topics covered in this title include: the experience with employee ownership in relation to the fast change of institutions in transitional countries including those in Eastern Europe, the Former Soviet Union, and China; the influence of the specific institutional setting on development; e.g. for the Mondragon Group of coops or the Italian Cooperative Associations, development as affected both by the institutional structure within the group and the surrounding institutions; and, the influence of legislation in different countries of conditions for the development of different types of employee participation. It includes: the re-shaping of the role of the employees as company stakeholders and the impact of these changes on employee motivation, effort and productivity; the impact of new employee incentive schemes, reward structures or other incentive mechanisms (if any) on firm productivity and financial performance; evidence of the implementation and effects of the 'employee share-ownership education'; and, the impact of different informal institutions (culture) on the development and performance of different forms of employee participation.
List of Contributors. Foreword. Introduction. To join or not to join? Factors influencing employee share plan membership in a multinational corporation. Do innovative workplace practices foster mutual gains? Evidence from Croatia. The performance impact of financial participation: subjective and objective measures compared. Employee discretion and the labor-market environment. The productivity effects of profit sharing, employee ownership, stock option and team incentive plans: evidence from Korean panel data. Stock option schemes and firm technical inefficiency: Evidence from Finland. The union wage premium, voice, and nonunion workers’ attitudes: Before and after Japan's lost decade. Worker and community cooperatives: A multi-criterion model. Antecedents and consequences of the adoption of market-based compensation by Israeli Kibbutzim. From destructive to creative trade through economic democracy. Advances in the Economic Analysis of Participatory and Labor-Managed Firms. Advances in the Economic Analysis of Participatory and Labor-Managed Firms. Copyright page.

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