Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/277042 
Year of Publication: 
2005
Citation: 
[Journal:] Intervention. Zeitschrift fuer Ökonomie / Journal of Economics [ISSN:] 2195-3376 [Volume:] 02 [Issue:] 1 [Year:] 2005 [Pages:] 95-114
Publisher: 
Metropolis-Verlag, Marburg
Abstract (Translated): 
The article deals with profit and gain sharing and employee capital sharing plans. Non-material forms of participation are mainly concerned with shop floor participation. Material participation, on the other hand, focuses on wage and salary earners who share in their company's profits and/or in other firm capital. Under such a scheme, the profit is divided between shareholders and employees, thereby enabling the latter to earn a higher income and to accumulate wealth. The paper begins with a description of the complex rationale for profit and gain sharing and capital sharing plans. It will also look at problems resulting from a microeconomic perspective. Furthermore, the article deals with the requirements for genuine profit and gain and capital sharing plans, as they exist in practice. Finally the consequences of such a scheme for the economy as a whole will be discussed in detail.
JEL: 
E25
L20
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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