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GOVERNMENT SUPPORT FOR PROFIT SHARING, GAINSHARING, ESOPs, AND TQM

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  • ROGER T. KAUFMAN
  • RAYMOND RUSSELL

Abstract

Empirical evidence suggests that profit sharing, gainsharing, employee ownership, worker participation, and Total Quality Management (TQM) may increase productivity and firm performance. Nevertheless, one needs to ground the case for government intervention in support of each of these programs on arguments concerning externalities or merit goods. This paper argues that no one yet has offered a convincing case of this nature. It also discusses the U.S. government's support for ESOPs and suggests reasons for its disappointing results in the hope that future policy experiments will not repeat these mistakes.

Suggested Citation

  • Roger T. Kaufman & Raymond Russell, 1995. "GOVERNMENT SUPPORT FOR PROFIT SHARING, GAINSHARING, ESOPs, AND TQM," Contemporary Economic Policy, Western Economic Association International, vol. 13(2), pages 38-48, April.
    • Handle: RePEc:bla:coecpo:v:13:y:1995:i:2:p:38-48
    DOI: 10.1111/j.1465-7287.1995.tb00741.x
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    References listed on IDEAS

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