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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w14225 |
来源ID | Working Paper 14225 |
Shared Capitalism in the U.S. Economy? Prevalence, Characteristics, and Employee Views of Financial Participation in Enterprises | |
Douglas L. Kruse; Joseph R. Blasi; Rhokeun Park | |
发表日期 | 2008-08-15 |
出版年 | 2008 |
语种 | 英语 |
摘要 | Between one-third and one-half of employees participate directly in company performance through profit sharing, gainsharing, employee ownership, or stock options. This flies in the face of concerns about the free rider problem and worker risk aversion in group incentives, and raises many questions about the effects on firms and workers. This paper lays out the major reasons we may see such "shared capitalism" plans, and reviews recent nationally representative surveys on the prevalence of these plans. We also introduce the NBER shared capitalism data, based on questions added to the 2002 and 2006 General Social Surveys (GSS) and more than 40,000 employee surveys from 14 companies with different combinations of shared capitalism plans. We find that while shared capitalism exists broadly throughout the economy, it is more likely in larger establishments. The free rider effect may be countered by the use of other policies to create productive teamwork and a cooperative culture: shared capitalism is positively linked to workplace decision-making, training, job security, teamwork, the ability to easily observe co-worker performance, and low levels of supervision. Also, more risk-averse employees avoid participating in several types of shared capitalism, but two-thirds of even the most risk-averse employees in these companies say they want shared capitalism as part of their pay package. The effects of these plans for both workers and firms are more fully explored in accompanying papers. |
主题 | Labor Economics ; Labor Compensation ; Labor Relations ; Industrial Organization ; Firm Behavior |
URL | https://www.nber.org/papers/w14225 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/571907 |
推荐引用方式 GB/T 7714 | Douglas L. Kruse,Joseph R. Blasi,Rhokeun Park. Shared Capitalism in the U.S. Economy? Prevalence, Characteristics, and Employee Views of Financial Participation in Enterprises. 2008. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w14225.pdf(148KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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