Profit Sharing and Public Policy.
In contrast to the prediction that firms in competitive markets will have a homogeneous set of efficient policies, a number of studies on the relation between the structure of American workplace and economic performance of this structure have discovered substantial variation in human resource and co...
| Publicado en: | Journal of Economic Issues Vol. 28; no. 2; pp. 439 - 449 |
|---|---|
| Autor principal: | |
| Formato: | Artículo |
| Publicado: |
Taylor & Francis Ltd
Jun94
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=9407221183&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 9407221183 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 00213624 JEI jtl: Journal of Economic Issues issn: 00213624 maglogo: N pubinfo: dt: Jun94 vid: 28 iid: 2 pid: 377 pub: Taylor & Francis Ltd artinfo: ui: 9407221183 10.1080/00213624.1994.11505558 ppf: 439 ppct: 10 formats: tig: atl: Profit Sharing and Public Policy. aug: au: Kruse, Douglas affil: Assistant Professor of Human Resources Management, Rutgers University. su: Corporate profits Profit-sharing Political planning Work environment American business enterprises United States sug: subj: United States Corporate profits Profit-sharing Political planning Work environment American business enterprises ab: In contrast to the prediction that firms in competitive markets will have a homogeneous set of efficient policies, a number of studies on the relation between the structure of American workplace and economic performance of this structure have discovered substantial variation in human resource and compensation policies, with strong links to workplace performance. Employee profit-sharing plans have attracted attention as a compensation scheme with significant potential to improve both microeconomic and macroeconomic performance. The microeconomic potential is based on the theory that group incentive plans such as profit sharing can result in higher quantity and quality of output by encouraging worker effort, cooperation, and sharing of ideas and information. There has been an upsurge of empirical research on profit sharing in the past decade, focusing on the theories that profit sharing enhances productivity and employment stability. Of the 27 econometric studies that include a profit-sharing variable in a productivity equation, almost all profit-sharing coefficients have been positive, and sampling error around a true coefficient of zero can be rejected for the majority of these estimates. The share economy theory concludes that, if the profit share substitutes for fixed compensation, a profit-sharing firm will have a lower likelihood and magnitude of layoffs when demand for the firm's products decline. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y dt: @attributes: year: 1994 holdings: @attributes: islocal: N |
|---|