Found 32 article(s) for author 'Richard Freeman'

Do Broad-based Employee Ownership, Profit Sharing and Stock Options Help the Best Firms Do Even Better?

Do Broad-based Employee Ownership, Profit Sharing and Stock Options Help the Best Firms Do Even Better? Richard Freeman, 2011, Paper, “This article analyses the linkages among group incentive methods of compensation (broad-based employee ownership, profit sharing and stock options), labour practices, worker assessments of workplace culture, turnover and firm performance in firms that applied to the ‘100 Best Companies to Work For in America’ competition from 2005 to 2007. Although employers with good labour practices self-select into the 100 Best Companies firms sample…Link

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How Does Shared Capitalism Affect Economic Performance in the United Kingdom?

How Does Shared Capitalism Affect Economic Performance in the United Kingdom?, Richard B. Freeman, 2010, Book Chapter. “This chapter explores the effect of shared capitalism in economic performance in the United Kingdom. It mentions that firms use various forms of shared capitalist pay together and often accompany them with other labor practices, consistent with the complementary hypothesis. But firms switch among schemes frequently, which suggests that they have trouble optimizing and that the transactions cost of switching are relatively low. Among the single schemes, share ownership has the clearest positive association with productivity, but its impact is largest when firms combine it with other forms of shared capitalist pay. An analysis was conducted by using the linked employer-employee data from the British 2004 Workplace Employment Relations Survey (WERS) to estimate the impact of shared capitalism on productivity and to assess some of the mechanisms by which it produces different outcomes at different workplaces.” Link

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