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Author:Desbrieres, Ph.
Title:Participation financiere des salaries et organisation interne de l'entreprise = The effects of employees' financial participation and ownership on organization and management of the firm
Journal:Revue d'Economie Industrielle
1990 : NO. 54, p. 44-67
Index terms:EMPLOYEE PARTICIPATION
EMPLOYEE STOCK OWNERSHIP
PRODUCTIVITY
PARTICIPATORY MANAGEMENT
COMPANY PERFORMANCE
MANAGEMENT CONTROL
Language:fre
Abstract:Many systems of compensation and incentives exist in France. Their aim is to distribute to the managers and other employees a part of profits and other productivity gains they provide to the firm. Some of them are stocks or stock-options that give property rights on the company. The consequences of such systems on interest conflicts that may exist between owners and wage-earners, especially managers of a firm are described and analyzed. Furthermore, the effects of those mechanisms on the control and authority systems of the firm, as well as on the allocation of power and property rights are demonstrated.
SCIMA record nr: 93045
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