Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/148536
Authors: 
Kruse, Douglas
Year of Publication: 
2016
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2016 [Issue:] 311
Abstract: 
Employee ownership has attracted growing attention for its potential to improve economic outcomes for companies, workers, and the economy in general, and help reduce inequality. Over 100 studies across many countries indicate that employee ownership is generally linked to better productivity, pay, job stability, and firm survival—though the effects are dispersed and causation is difficult to firmly establish. Free-riding often appears to be overcome by worker co-monitoring and reciprocity. Financial risk is an important concern but is generally minimized by higher pay and job stability among employee owners.
Subjects: 
employee ownership
profit sharing
economic performance
economic stability
unemployment
economic inequality
JEL: 
J54
J33
M52
M54
P13
J32
Persistent Identifier of the first edition: 
Document Type: 
Article

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