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dc.contributor.authorKurtulus, Fidan Anaen
dc.contributor.authorKruse, Douglasen
dc.contributor.authorBlasi, Josephen
dc.date.accessioned2011-09-08-
dc.date.accessioned2012-09-25T07:19:03Z-
dc.date.available2012-09-25T07:19:03Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/64214-
dc.description.abstractUsing the NBER Shared Capitalism Database comprised of over 40,000 employee surveys from 14 firms, we investigate worker attitudes towards employee ownership, profit sharing, and variable pay. Specifically, our study uses detailed survey questions on preferences over profit sharing, forms of employee ownership like company stock and stock option ownership, as well as preferences over variable pay in general, to explore how preferences for these different types of output-contingent pay vary with worker risk aversion, residual control, and views of coworkers and management. Our key results show that, on average, workers want at least a part of their compensation to be performance-related, with stronger preferences for output-contingent pay schemes among workers who have lower levels of risk aversion, greater residual control over the work process, and greater trust of co-workers and management.en
dc.language.isoengen
dc.publisher|aUniversity of Massachusetts, Department of Economics |cAmherst, MAen
dc.relation.ispartofseries|aWorking Paper |x2011-15en
dc.subject.jelJ54en
dc.subject.jelJ33en
dc.subject.jelM52en
dc.subject.ddc330en
dc.subject.keywordEmployee Ownershipen
dc.subject.keywordProfit Sharingen
dc.subject.keywordVariable Payen
dc.subject.keywordWorker Preferencesen
dc.subject.keywordResidual Controlen
dc.subject.keywordRisk Aversionen
dc.subject.keywordPerceptions of Co-Workers and Managementen
dc.titleWorker attitudes towards employee ownership, profit sharing and variable pay-
dc.typeWorking Paperen
dc.identifier.ppn668009519en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:ums:papers:2011-15en

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