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| Author: | Jones, D. C. |
| Title: | The productivity effects of worker directors and financial participation by employees in the firm : the case of British retail cooperatives. |
| Journal: | Industrial and Labor Relations Review
1987 : OCT, VOL. 41:1, p. 79-92 |
| Index terms: | EMPLOYEE PARTICIPATION CO-OPERATIVES UNITED KINGDOM RETAILING |
| Language: | eng |
| Abstract: | Workers' participation, more particularly, the role of worker directors is discussed. Using data from a 1978 sample of 50 British retail cooperatives, econometric estimates of the effects on cooperative productivity of such channels of participation as employee ownership for example are presented. It is found that the presence of worker directions 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. |
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