Profit Sharing and Company Performance / von Marija Ugarkovic.

Format:

Book

Author/Creator:

Ugarkovic, Marija., Author.

Series:

Gabler Edition Wissenschaft.

Gabler Edition Wissenschaft

Language:

German

Subjects (All):

Economics.

Management science.

Economics, general.

Local Subjects:

Economics, general.

Physical Description:

1 online resource (146 p.)

Edition:

1st ed. 2008.

Place of Publication:

Wiesbaden : Deutscher Universitätsverlag : Imprint: Deutscher Universitätsverlag, 2008.

Language Note:

German

Summary:

There has been a long tradition of academic research on the nature and consequences of employee financial participation. Due to its various potential benefits, this topic has recently attracted renewed interest both among academics and policy-makers in Europe. Marija Ugarkovic examines whether financial participation can contribute to a more equitable distribution of income and wealth, whether it can increase employment and lead to improved company performance. The author uses a large-scale German establishment panel and proves the beneficial impact on productivity and employment. In addition, she shows that profit sharing does not lead to a reduction of base wages but is paid in addition to regular wages. It becomes evident that profit sharing has more positive effects for large firms than for small and medium-sized companies.

Contents:

Definition, Incidence and Determinants of Profit Sharing

The Economic Impact of Profit Sharing

Data Set and Econometric Methods

The Output, Employment and Productivity Effects of Profit Sharing

Profit Sharing: Supplement or Substitute?

Profit Sharing and the Financial Performance of Firms

Profit Sharing and Works Councils: Substitutes or Complements?.

Notes:

Description based upon print version of record.

Includes bibliographical references.

ISBN:

3-8350-5508-9

OCLC:

828800296