Profit Sharing And Company Performance
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Profit Sharing and Company Performance
Author | : Marija Ugarkovic |
Publisher | : Springer-Verlag |
Total Pages | : 135 |
Release | : 2008-01-15 |
Genre | : Business & Economics |
ISBN | : 3835055089 |
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Marija Ugarkovic examines whether financial participation can contribute to a more equitable distribution of income and wealth, whether it can increase employment and lead to improved company performance. The author uses a large-scale German establishment panel thus proving the beneficial impact on productivity and employment. In addition, she shows that profit sharing does not lead to a reduction of base wages but is paid in addition to regular wages. It becomes evident that profit sharing has more positive effects for large firms than for small and medium-sized companies.