Download or read book The Theory of Labour managed Firms and of Profit sharing written by James Edward Meade and published by . This book was released on with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Labour Managed Firms Employee Participation and Profit Sharing written by Will Bartlett and published by . This book was released on 1986 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Labor Managed Firm written by Gregory K. Dow and published by Cambridge University Press. This book was released on 2018-04-05 with total page 431 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book uses economic theory to argue that worker-controlled firms are rare due to market failures rather than inherent organizational defects. The book will be of interest to scholarly researchers, graduate students, and advanced undergraduates in economics, especially in industrial organization, labor economics, comparative economics, organizational economics, and finance.
Download or read book Labour Managed Firms Employee Partecipation and Profit Sharing written by Will Bartlett and published by . This book was released on 1986 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Shared Capitalism at Work written by Douglas L. Kruse and published by University of Chicago Press. This book was released on 2010-06-15 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: The historical relationship between capital and labor has evolved in the past few decades. One particularly noteworthy development is the rise of shared capitalism, a system in which workers have become partial owners of their firms and thus, in effect, both employees and stockholders. Profit sharing arrangements and gain-sharing bonuses, which tie compensation directly to a firm’s performance, also reflect this new attitude toward labor. Shared Capitalism at Work analyzes the effects of this trend on workers and firms. The contributors focus on four main areas: the fraction of firms that participate in shared capitalism programs in the United States and abroad, the factors that enable these firms to overcome classic free rider and risk problems, the effect of shared capitalism on firm performance, and the impact of shared capitalism on worker well-being. This volume provides essential studies for understanding the increasingly important role of shared capitalism in the modern workplace.
Download or read book Labour managed firms employee participation and profit sharing written by Will Bartlett and published by . This book was released on 1986 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The General Theory of Labor managed Market Economies written by Jaroslav Vanek and published by Ithaca : Cornell University Press. This book was released on 1970 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph presenting an economic theory in support of a new economic system based on workers' self-management (workers participation) - covers the equilibrium of a competitive enterprise and changing market conditions, the decentralization of decision making, labour supply functions, economic policy problems, 'income sharing' (wages) and wage incentive, the allocation of economic resources, legal aspects and basic institutional forms of the labour-managed economy, etc. Diagrams and references.
Download or read book Performance of Labour Managed Firms written by Frank H. Stephen and published by Springer. This book was released on 1982-06-18 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Labour Managed Firms and Post Capitalism written by Bruno Jossa and published by Taylor & Francis. This book was released on 2016-11-25 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marx claims that unselfishness is a child of (workplace) culture, whereas the gene is selfish. If Marx is right then the prerequisite for overthrowing capitalism is a system which both leverages selfishness and creates solidarity between workers. This book illustrates and discusses the major points of the economic theory of producer cooperatives, its evolution since the 1950s, and links with Marxian theory. Labour Managed Firms and Post-Capitalism, most importantly, demonstrates that a system of producer cooperatives offers a wealth of advantages compared to capitalism. There is general agreement that the main benefit of this form of economic democracy is that people who are allowed to freely pursue their interests are happier than those acting on somebody else’s instruction. The author argues that a system of democratic firms would eradicate classical (high-wage) unemployment and scale down both Keynesian and structural unemployment levels. He also shows that a system of producer cooperatives literally reverses the capital-labour relationship typical of capitalism and that its establishment can consequently be looked upon as a revolution. This volume is of great interest to academics, lecturers and researchers with an interest in Marxism, political economy and industrial economics, as well as economic theory and philosophy.
Download or read book The Economic Theory of Socialism and the Labour managed Firm written by Bruno Jossa and published by Edward Elgar Publishing. This book was released on 1997 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic Theory of Socialism and the Labour-Managed Firm focuses on market socialism and the relevant debate among economic theorists. It argues that market socialism is the only rational form of socialism and that market socialism with labour-managed firms is by far the best form of market socialism. The book begins with a critical review of the contributions to the economic theory of socialism. The second part discusses the economic theory of labour-managed firms and pays particular attention to the adverse labour-supply curve, underinvestment, monitoring and the separation of ownership and control. The final chapters discuss problems such as the control of economic activity in labour-managed firms, worker motivation and incentives. This book will be of particular use to students and academics interested in comparative economic systems and to specialists in politics and sociology with an interest in alternative forms of economic organization.
Download or read book Economics of Cooperation and the Labour Managed Economy written by J. Bonin and published by Taylor & Francis. This book was released on 2013-09-27 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the theory of labour-managed firms or producers' cooperatives, and of economies companies principally of such firms.
Download or read book Economics of Cooperation and the Labour Managed Economy written by John Bonin and published by Psychology Press. This book was released on 1987 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the theory of labour-managed firms or producers' cooperatives, and of economies companies principally of such firms.
Download or read book Labour Managed Firms and Post Capitalism written by Bruno Jossa and published by Routledge. This book was released on 2016-11-25 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marx claims that unselfishness is a child of (workplace) culture, whereas the gene is selfish. If Marx is right then the prerequisite for overthrowing capitalism is a system which both leverages selfishness and creates solidarity between workers. This book illustrates and discusses the major points of the economic theory of producer cooperatives, its evolution since the 1950s, and links with Marxian theory. Labour Managed Firms and Post-Capitalism, most importantly, demonstrates that a system of producer cooperatives offers a wealth of advantages compared to capitalism. There is general agreement that the main benefit of this form of economic democracy is that people who are allowed to freely pursue their interests are happier than those acting on somebody else’s instruction. The author argues that a system of democratic firms would eradicate classical (high-wage) unemployment and scale down both Keynesian and structural unemployment levels. He also shows that a system of producer cooperatives literally reverses the capital-labour relationship typical of capitalism and that its establishment can consequently be looked upon as a revolution. This volume is of great interest to academics, lecturers and researchers with an interest in Marxism, political economy and industrial economics, as well as economic theory and philosophy.
Download or read book Governing the Firm written by Gregory K. Dow and published by Cambridge University Press. This book was released on 2003-02-17 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: Table of contents
Download or read book Firms Strategic Decisions Theoretical and Empirical Findings written by Kazuhiro Ohnishi and published by Bentham Science Publishers. This book was released on 2018-03-13 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume of the series features 14 chapters covering theoretical and empirical research on strategic decision making of monopolistic and oligopolistic organizations. Topics covered in this volume include strategic behavior of different types of firms, identifying insiders in organizations, the relationship of employees’ green behavior with environmental sustainability, the relationship between firm size and export-intensities of manufacturing firms in India in a discriminating oligopoly model, and how industrial economics modeling can be particularly useful to analyze development issues in a context of food safety regulations. This volume is suitable for academics, students and professionals studying firm behavior in the fields of economics, business administration, policymaking and engineering.
Download or read book The Effects of Worker Participation Employee Ownership and Profit Sharing on Economics Performance written by Derek C. Jones and published by . This book was released on 1988 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Theory of the Firm written by Michael C. Jensen and published by Harvard University Press. This book was released on 2003-09-30 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection examines the forces, both external and internal, that lead corporations to behave efficiently and to create wealth. Corporations vest control rights in shareholders, the author argues, because they are the constituency that bear business risk and therefore have the appropriate incentives to maximize corporate value. Assigning control to any other group would be tantamount to allowing that group to play poker with someone else's money, and would create inefficiencies. The implicit denial of this proposition is the fallacy of the so-called stakeholder theory of the corporation, which argues that corporations should be run in the interests of all stakeholders. This theory offers no account of how conflicts between different stakeholders are to be resolved, and gives managers no principle on which to base decisions, except to follow their own preferences. In practice, shareholders delegate their control rights to a board of directors, who hire, fire, and set the compensation of the chief officers of the firm. However, because agents have different incentives than the principals they represent, they can destroy corporate value unless closely monitored. This happened in the 1960s and led to hostile takeovers in the market for corporate control in the 1970s and 1980s. The author argues that the takeover movement generated increases in corporate efficiency that exceeded $1.5 trillion and helped to lay the foundation for the great economic boom of the 1990s.
