000 | 02495cam a22003497 4500 | ||
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001 | w14235 | ||
003 | NBER | ||
005 | 20211020111724.0 | ||
006 | m o d | ||
007 | cr cnu|||||||| | ||
008 | 210910s2008 mau fo 000 0 eng d | ||
100 | 1 |
_aBryson, Alex. _96972 |
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245 | 1 | 0 |
_aHow Does Shared Capitalism Affect Economic Performance in the UK? / _cAlex Bryson, Richard Freeman. |
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_aCambridge, Mass. _bNational Bureau of Economic Research _c2008. |
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_a1 online resource: _billustrations (black and white); |
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490 | 1 |
_aNBER working paper series _vno. w14235 |
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500 | _aAugust 2008. | ||
520 | 3 | _aThis paper uses nationally representative linked workplace-employee data from the British 2004 Workplace Employment Relations Survey to examine the operation of shared capitalist forms of pay--profit-sharing and group pay for performance, employee share ownership, and stock options--and their link to productivity. It shows that shared capitalism has grown in the UK, as it has in the US; that different forms of shared capitalist pay complement each other and other labor practices in the sense that firms use them together more than they would if they chose modes of pay and work practices independently; and that workplaces switch among schemes frequently, which suggests that they have trouble optimizing and 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 and modes of organization. | |
530 | _aHardcopy version available to institutional subscribers | ||
538 | _aSystem requirements: Adobe [Acrobat] Reader required for PDF files. | ||
538 | _aMode of access: World Wide Web. | ||
588 | 0 | _aPrint version record | |
690 | 7 |
_aJ33 - Compensation Packages • Payment Methods _2Journal of Economic Literature class. |
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690 | 7 |
_aL23 - Organization of Production _2Journal of Economic Literature class. |
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690 | 7 |
_aL25 - Firm Performance: Size, Diversification, and Scope _2Journal of Economic Literature class. |
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700 | 1 | _aFreeman, Richard. | |
710 | 2 | _aNational Bureau of Economic Research. | |
830 | 0 |
_aWorking Paper Series (National Bureau of Economic Research) _vno. w14235. |
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856 | 4 | 0 | _uhttps://www.nber.org/papers/w14235 |
856 |
_yAcceso en lĂnea al DOI _uhttp://dx.doi.org/10.3386/w14235 |
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_2ddc _cW-PAPER |
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_c333895 _d292457 |