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Gewinn- und/oder Kapitalbeteiligungen – oekonomische Utopie oder Notwendigkeit?

Author

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  • Heinz-J. Bontrup

    (Fachhochschule Gelsenkirchen, Abteilung Recklinghausen, Fachbereich Wirtschaftsrecht)

Abstract

The article deals with profit and gain sharing and employee capital sharing plans. Non-material forms of participation are mainly concerned with shop floor participation. Material participation, on the other hand, focuses on wage and salary earners who share in their company’s profits and/or in other firm capital. Under such a scheme, the profit is divided between shareholders and employees, thereby enabling the latter to earn a higher income and to accumulate wealth. The paper begins with a description of the complex rationale for profit and gain sharing and capital sharing plans. It will also look at problems resulting from a microeconomic perspective. Furthermore, the article deals with the requirements for genuine profit and gain and capital sharing plans, as they exist in practice. Finally the consequences of such a scheme for the economy as a whole will be discussed in detail.

Suggested Citation

  • Heinz-J. Bontrup, 2005. "Gewinn- und/oder Kapitalbeteiligungen – oekonomische Utopie oder Notwendigkeit?," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 2(1), pages 1-95–114.
    • Handle: RePEc:elg:ejeepi:v:2:y:2005:i:1:p:95-114
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    JEL classification:

    • E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General

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