Profit Sharing and Company Performance

✍ Scribed by Ugarkovic M.

Year: 2007
Tongue: English
Leaves: 145
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

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.

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