IDEAS home Printed from https://ideas.repec.org/a/sae/ilrrev/v41y1987i1p79-92.html
   My bibliography  Save this article

The Productivity Effects of Worker Directors and Financial Participation by Employees in the Firm: The Case of British Retail Cooperatives

Author

Listed:
  • Derek C. Jones

Abstract

In British retail cooperatives, workers have long had the opportunity to participate financially in their enterprises, through such mechanisms as employee ownership, and to serve on boards. Using data from a 1978 sample of 50 cooperatives, the author of this paper presents econometric estimates of the effects on co-op productivity of these channels of participation. He finds that the presence of worker directors modestly increases productivity, whereas, surprisingly, financial participation in the firm by employees reduces productivity. The net impact on productivity of both forms of participation is small but positive.

Suggested Citation

  • Derek C. Jones, 1987. "The Productivity Effects of Worker Directors and Financial Participation by Employees in the Firm: The Case of British Retail Cooperatives," ILR Review, Cornell University, ILR School, vol. 41(1), pages 79-92, October.
    • Handle: RePEc:sae:ilrrev:v:41:y:1987:i:1:p:79-92
    as

    Download full text from publisher

    File URL: http://ilr.sagepub.com/content/41/1/79.abstract
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Terhi Chakhovich, 2010. "The role of outcome focus within subject positions tied to shareholder value," Qualitative Research in Accounting & Management, Emerald Group Publishing Limited, vol. 7(4), pages 450-475, November.
    2. Arando, Saioa & Gago, Monica & Jones, Derek C. & Kato, Takao, 2011. "Efficiency in Employee-Owned Enterprises: An Econometric Case Study of Mondragon," IZA Discussion Papers 5711, Institute of Labor Economics (IZA).
    3. Alex Bryson & Richard Freeman, 2008. "How Does Shared Capitalism Affect Economic Performance in the UK?," NBER Working Papers 14235, National Bureau of Economic Research, Inc.
    4. Chris (hristos) Doucouliagos & Patrice Laroche & Douglas L Kruse & T.D. Stanley, 2018. "Where does profit sharing work best? A meta-analysis on the role of unions, culture and values," Post-Print hal-02976899, HAL.
    5. Morley Gunderson & Jeffrey Sack & James McCartney & David Wakely & Jonathan Eaton, 1995. "Employee Buyouts in Canada," British Journal of Industrial Relations, London School of Economics, vol. 33(3), pages 417-442, September.
    6. Xin Meng & Frances Perkins, 1996. "Behavioural Differences among Chinese Firms From the Perspective of Earnings Determination," Departmental Working Papers 1996-09, The Australian National University, Arndt-Corden Department of Economics.
    7. Alex Bryson & Richard B. Freeman, 2010. "How Does Shared Capitalism Affect Economic Performance in the United Kingdom?," NBER Chapters, in: Shared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-based Stock Options, pages 201-224, National Bureau of Economic Research, Inc.
    8. Aleksandra Gregorič & Marc Steffen Rapp, 2019. "Board‐Level Employee Representation (BLER) and Firms’ Responses to Crisis," Industrial Relations: A Journal of Economy and Society, Wiley Blackwell, vol. 58(3), pages 376-422, July.
    9. Bryson, Alex & Freeman, Richard B., 2007. "Doing the right thing? does fair share capitalism improve workplace performance," LSE Research Online Documents on Economics 4964, London School of Economics and Political Science, LSE Library.
    10. Douglas L. Kruse, 1993. "Does Profit Sharing Affect Productivity?," NBER Working Papers 4542, National Bureau of Economic Research, Inc.
    11. Douglas Kruse & Joseph Blasi, 1995. "Employee Ownership, Employee Attitudes, and Firm Performance," NBER Working Papers 5277, National Bureau of Economic Research, Inc.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:ilrrev:v:41:y:1987:i:1:p:79-92. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.ilr.cornell.edu .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.