Author : Marija Ugarkovic
Publisher : Springer-Verlag
Page : 135 pages
File Size : 49,50 MB
Release : 2008-01-15
Category : Business & Economics
ISBN : 3835055089
Book Description
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 thus proving 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.