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The Impact of Financial Participation and Employee Involvement on Financial Performance

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Author Info
McNabb, Robert
Whitfield, Keith

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Abstract

In recent years, the impact of financial participation on financial performance has attracted considerable attention. However, financial participation is only one of a number of different schemes attempting to elicit better performance, is itself heterogeneous, and typically introduced in conjunction with employee involvement schemes. In this paper, a range of different employee and financial participation schemes is examined. The results indicate that financial participation is important only when introduced in conjunction with particular types of employee involvement schemes. Furthermore, some employee involvement schemes are found to have a lower or even negative relationship with financial performance when introduced in isolation. Copyright 1998 by Scottish Economic Society.

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Publisher Info
Article provided by Scottish Economic Society in its journal Scottish Journal of Political Economy.

Volume (Year): 45 (1998)
Issue (Month): 2 (May)
Pages: 171-87
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Handle: RePEc:bla:scotjp:v:45:y:1998:i:2:p:171-87

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