haku: @author Mukhopadhyay, A. K. / yhteensä: 4
viite: 2 / 4
Tekijä: | Mukhopadhyay, A. K. |
Otsikko: | Risky business. |
Lehti: | Management Decision
1988 : VOL. 26:1, p. 45-48 |
Asiasana: | PROFIT SHARING RISK |
Kieli: | eng |
Tiivistelmä: | A profit-sharing system necessarily distributes the business risk between the owner and the worker. The characteristics of a wage system and a profit-sharing system are compared. Profit sharing plans are classified into two broad types: cash distribution plans and deferred distribution plans. Examples of government encouragement of profit-sharing schemes in many western countries are given. The influence of profit-sharing on productivity, workers' efforts, income risk-sharing are examined. The incentive effect is analyzed in connection with the degree of risk aversion of the workers. |
SCIMA