Advances in the economic analysis of participatory and labor-managed firms / edited by Tor Eriksson.

Includes bibliographical references.

To join or not to join?: factors influencing employee share plan membership in a multinational corporation / Alex Bryson and Richard B. Freeman -- Do innovative workplace practices foster mutual gains?: evidence from Croatia / Derek C. Jones and Srecko Goic -- The performance impact of financial participation: subjective and objective measures compared / Panu Kalmi and Christina Sweins -- Employee discretion and the labor-market environment / Jaime Ortega -- The productivity effects of profit sharing, employee ownership, stock option and team incentive plans: evidence from Korean panel data / Takao Kato, Ju Ho Lee and Jang-Soo Ryu -- Stock option schemes and firm technical inefficiency: evidence from Finland / Mikko Mäkinen -- The union wage premium, voice, and nonunion workers' attitutdes: before and after Japan's lost decade / Tsuyoshi Tsuru -- Worker and community cooperatives: a multi-criterion model / Roger A. McCain -- Antecedents and consequences of the adoption of market-based compensation by Israeli Kibbutzim / Raymond Russell, Robert Hanneman and Shlomo Getz -- From destructive to creative trade through economic democracy / Jaroslav Vanek.

Print version record.

This volume includes theoretical and empirical research into changing institutions and employee participation. Topics covered include: - The experience with employee ownership in relation to the fast change of institutions in transitional countries including those in Eastern Europe, the Former Soviet Union, and China; - The influence of the specific institutional setting on development; e.g. For the Mondragon Group of coops or the Italian Cooperative Associations, development as affected both by the institutional structure within the group and the surrounding institutions; - The influence of legislation in different countries of conditions for the development of different types of employee participation; - The re-shaping of the role of the employees as company stakeholders and the impact of these changes on employee motivation, effort and productivity; - The impact of new employee incentive schemes, reward structures or other incentive mechanisms (if any) on firm productivity and financial performance; - Evidence of the implementation and effects of the 'employee share-ownership education'; - The impact of different informal institutions (culture) on the development and performance of different forms of employee participation.

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