Advances in the Economic Analysis of Participatory & Labor-Managed Firms


Book Description

The articles in this volume offer stimulating research on the relationship among business cycles, participatory and labor-managed organizations, and employee voice. These contributions take various theoretical and empirical approaches and investigate many industries and countries, thus offering a balanced view on these current topics.




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


Book Description

Ownership and decision-making are key issues in current debates among corporate, labor, and policy leaders. This volume contains cutting-edge research on the causes and effects of financial and decision-making participation around the globe, plus theory and thought pieces on the meaning and value of employee ownership in a rapidly changing world




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


Book Description

Contains a stimulating collection of original papers spanning a variety of topics. This title contains three papers on the subject of job design and organizational performance, covering the determinants of multiskilling from a theoretical perspective and also the empirical effect of multiskilling and teams on financial performance.







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


Book Description

With the financial crisis and Great Recession, some economists have begun to question the orthodox approach to production and capital/labor relations over the years. This orthodoxy thrown into question due to concerns of poor corporate decision-making, corporate capture of regulators, perceived rewards for failure, and uneven productivity growth.













The Labor-Managed Firm


Book Description

This book uses economic theory to argue that worker-controlled firms are rare due to market failures rather than inherent organizational defects. The book will be of interest to scholarly researchers, graduate students, and advanced undergraduates in economics, especially in industrial organization, labor economics, comparative economics, organizational economics, and finance.




Employee Ownership and Employee Involvement at Work


Book Description

With a growing prominence of sophisticated econometric research in the field of New Economics of Participation (NEP), it is of particular value to learn about real-world examples of participatory and labor-managed firms in the advanced market economies through extensive case studies. In this volume, the authors present such case studies.