Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/156247
Authors: 
Jirjahn, Uwe
Year of Publication: 
2016
Series/Report no.: 
Research Papers in Economics 1/16
Abstract: 
Examinations on the determinants of profit sharing usually focus on objective firm characteristics. Using data from manufacturing firms in Germany, this study shows that managers' subjective attitudes towards profit sharing also play an important role in the adoption and termination of this payment scheme. Positive management attitudes are associated with an increased likelihood of adopting profit sharing. While to some extent this entails failed experimentation, positive managerial attitudes also substantially contribute to a sustained use of profit sharing. The pattern of results holds even when controlling for a variety of objective firm characteristics.
Subjects: 
profit sharing
management attitude
management discretion
subjective factors
experimentation
JEL: 
J33
M52
Document Type: 
Working Paper

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