dc.contributor.author | Williams, M | en_US |
dc.date.accessioned | 2019-11-13T10:50:53Z | |
dc.date.issued | 2018-05-01 | en_US |
dc.identifier.issn | 0143-831X | en_US |
dc.identifier.uri | https://qmro.qmul.ac.uk/xmlui/handle/123456789/61327 | |
dc.description.abstract | © 2016, © The Author(s) 2016. Little is known about variation in the efficacy of financial participation across countries. This article examines the relationship between two types of financial participation (profit-sharing and employee share-ownership) and labour productivity across 29 European countries using a representative workplace survey. Consistent with theoretical expectations, profit-sharing is associated with superior labour productivity when it is open to all employees, whilst the evidence for employee share-ownership is more mixed. Analysis reveals considerable variation in the efficacy of both schemes across Europe. Country-level collective bargaining coverage has the greatest explanatory power in accounting for cross-country variation in efficacy. In countries with higher levels of collective bargaining coverage, profit-sharing performs less well, whereas employee share-ownership performs better, relative to countries with lower collective bargaining coverage. These findings shed light on the comparative dimension of the financial participation–labour productivity link. | en_US |
dc.format.extent | 195 - 227 | en_US |
dc.language.iso | en | en_US |
dc.relation.ispartof | Economic and Industrial Democracy | en_US |
dc.title | Understanding variation in the efficacy of financial participation across Europe: The role of country-level factors | en_US |
dc.type | Article | |
dc.rights.holder | © 2018, © SAGE Publications | |
dc.identifier.doi | 10.1177/0143831X15620846 | en_US |
pubs.issue | 2 | en_US |
pubs.notes | Not known | en_US |
pubs.publication-status | Published | en_US |
pubs.volume | 39 | en_US |
rioxxterms.funder | Default funder | en_US |
rioxxterms.identifier.project | Default project | en_US |