Profit Sharing and Company Performance

Download or read book Profit Sharing and Company Performance written by Marija Ugarkovic and published by Springer-Verlag. This book was released on 2008-01-15 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.