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Profit-Sharing, Job Rotation and Permanent Employment: The Large Japanese Firm as a Producers' Co-op

Author

Listed:
  • B. J. Mccormick
  • G. P. Marshall

    (University of Sheffield)

Abstract

This article advances the claims of Japanese firms to be considered as a form of workers' co-operative which overcomes the disadvantages of those normally encountered in the West. It proceeds by examining the nature of contracts for various groups involved in large firms and then goes on to consider the problem of exploitation and the part played by small firms in economic activity. Finally, the importance of cultural differences is emphasized.

Suggested Citation

  • B. J. Mccormick & G. P. Marshall, 1987. "Profit-Sharing, Job Rotation and Permanent Employment: The Large Japanese Firm as a Producers' Co-op," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 8(2), pages 171-182, May.
    • Handle: RePEc:sae:ecoind:v:8:y:1987:i:2:p:171-182
    DOI: 10.1177/0143831X8782003
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    References listed on IDEAS

    as
    1. Holmlund, Bertil, 1983. "Payroll Taxes and Wage Inflation: The Swedish Experiences," Working Paper Series 68, Research Institute of Industrial Economics.
    2. Hey, John D, 1981. "A Unified Theory of the Behaviour of Profit-Maximising, Labour-Managed and Joint-Stock Firms Operating under Uncertainty," Economic Journal, Royal Economic Society, vol. 91(362), pages 364-374, June.
    3. James R. Markusen, 1979. "Personal and Job Characteristics as Determinants of Employee-Firm Contract Structure," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 93(2), pages 255-279.
    4. A. B. Atkinson, 1973. "Worker Management and the Modern Industrial Enterprise," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 87(3), pages 375-392.
    5. William G. Ouchi, 1979. "A Conceptual Framework for the Design of Organizational Control Mechanisms," Management Science, INFORMS, vol. 25(9), pages 833-848, September.
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