Description
Book SynopsisWith the financial crisis and Great Recession, some economists have begun to question the orthodox approach to production and capital/labor relations over the last two to three decades. This orthodoxy has been thrown into question due to concerns of poor corporate decision-making, corporate capture of regulators, perceived rewards for failure, and uneven productivity growth. But a new spirit of introspection and doubt about orthodox approaches has created some impetus leading to greater interest in themes, such as worker ownership, sharing rewards, co-operatives, and employee involvement practices which feature heavily in the "Advances" series. This "new spirit" is apparent for all to see in the 12 contributions to this volume of "Advances" which cover co-operatives; effects of worker participation on firm performance; the diffusion of high involvement management practices; and outcomes for workers (i.e., job satisfaction and wages).
Table of ContentsList of Contributors. Foreword. Introduction – ‘The Times Might Just be a-Changin’. Going Forward Financially: Credit Unions as an Alternative to Commercial Banks. Staying True to Co-Operative Identity: Diagnosing Worker Co-Operatives for Adherence to their Values. Do Co-Operatives Promote Consumer Social Responsibility? The Case of Fair Trade in Italy. On the Choice Between Capitalist and Labour-Managed Production: Evidence from a Panel of Entrants into UK Manufacturing Industries. Diversity and Productivity in Production Teams. Financial Participation Plans and Firm Financial Performance: Evidence from a Dutch Longitudinal Panel. Insider Ownership and Firm Performance: Evidence from Bulgaria. The Evolving Nature of High Performance Workplace Practices in the United States. Progression of HR Practices in Danish Firms During Two Decades. High Performance Work Practices, Industrial Relations and Firm Propensity for Innovation. A Dimming of the ‘Warm Glow’? Are Non-Profit Workers in the UK Still More Satisfied with their Jobs than Other Workers?. Seniority Wages and Employee Participation. Advances in the Economic Analysis of Participatory and Labor-Managed Firms. Advances in the Economic Analysis of Participatory and Labor-Managed Firms. Advances in the Economic Analysis of Participatory and Labor-Managed Firms. Copyright page.
