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The Productivity Effects of Information Sharing, Profit-Sharing and ESOPs

Author

Listed:
  • Ohkusa, Y
  • Ohtake, F
Abstract
We obtained the results for Japanese firms on the effects of profit-sharing, information-sharing and ESOPs by estimating production functions using a panel data set. The contribution of this paper is to identify the presence of a profit-sharing system and an information sharing system by estimation based on an individual firm.

Suggested Citation

  • Ohkusa, Y & Ohtake, F, 1997. "The Productivity Effects of Information Sharing, Profit-Sharing and ESOPs," ISER Discussion Paper 0435, Institute of Social and Economic Research, Osaka University.
  • Handle: RePEc:dpr:wpaper:0435
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    11. Douglas L. Kruse, 1993. "Does Profit Sharing Affect Productivity?," NBER Working Papers 4542, National Bureau of Economic Research, Inc.
    12. Jones, Derek C & Kato, Takao, 1995. "The Productivity Effects of Employee Stock-Ownership Plans and Bonuses: Evidence from Japanese Panel Data," American Economic Review, American Economic Association, vol. 85(3), pages 391-414, June.
    13. Derek C. Jones & Takao Kato, 1993. "The Scope, Nature, and Effects of Employee Stock Ownership Plans in Japan," ILR Review, Cornell University, ILR School, vol. 46(2), pages 352-367, January.
    14. Motohiro Morishima, 1991. "Information Sharing and Collective Bargaining in Japan: Effects on Wage Negotiation," ILR Review, Cornell University, ILR School, vol. 44(3), pages 469-485, April.
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    Cited by:

    1. Hristos Doucouliagos & Patrice Laroche & Douglas L. Kruse & T. D. Stanley, 2020. "Is Profit Sharing Productive? A Meta‐Regression Analysis," British Journal of Industrial Relations, London School of Economics, vol. 58(2), pages 364-395, June.
    2. KATO Takao & KODAMA Naomi, 2015. "Performance-related Pay and Productivity: Evidence from Japan," Discussion papers 15088, Research Institute of Economy, Trade and Industry (RIETI).
    3. Takao Kato, 2003. "The Recent Transformation of Participatory Employment Practices in Japan," NBER Chapters, in: Labor Markets and Firm Benefit Policies in Japan and the United States, pages 39-80, National Bureau of Economic Research, Inc.
    4. Doucouliagos, Chris & Laroche, Patrice & Kruse, Douglas L. & Stanley, T. D., 2018. "Where Does Profit Sharing Work Best? A Meta-Analysis on the Role of Unions, Culture, and Values," IZA Discussion Papers 11617, Institute of Labor Economics (IZA).
    5. Takao Kato & Ju Ho Lee & Jang-Soo Ryu, 2010. "The productivity effects of profit sharing, employee ownership, stock option and team incentive plans: evidence from Korean panel data," Advances in the Economic Analysis of Participatory & Labor-Managed Firms, in: Advances in the Economic Analysis of Participatory & Labor-Managed Firms, pages 111-135, Emerald Group Publishing Limited.
    6. Andrew Pendleton & Andrew Robinson, 2010. "Employee Stock Ownership, Involvement, and Productivity: An Interaction-Based Approach," ILR Review, Cornell University, ILR School, vol. 64(1), pages 3-29, October.
    7. Hiroyuki Chuma & Takao Kato & Isao Ohashi, 2004. "What Japanese Workers Want: Evidence from the Japanese Worker Representation and Participation Survey," Discussion papers 04019, Research Institute of Economy, Trade and Industry (RIETI).
    8. Olfa Aissa, 2016. "The Determinants of Financial Participation Impact on Firm Performance: A Meta-Regression Approach," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(6), pages 151-151, June.
    9. Olfa Aissa, 2016. "A Meta-Analysis of the Financial Participation Impact on Firm Performance," International Journal of Business and Management, Canadian Center of Science and Education, vol. 11(8), pages 186-186, July.
    10. Itoh, Hideshi & Kikutani, Tatsuya & Hayashida, Osamu, 2008. "Complementarities among authority, accountability, and monitoring: Evidence from Japanese business groups," Journal of the Japanese and International Economies, Elsevier, vol. 22(2), pages 207-228, June.
    11. Geert Braam & Erik Poutsma, 2015. "Broad-Based Financial Participation Plans and Their Impact on Financial Performance: Evidence from a Dutch Longitudinal Panel," De Economist, Springer, vol. 163(2), pages 177-202, June.
    12. Frank Bodmer, 2003. "On the Use of Incentive Pay in Chinese State‐owned Enterprises: The Role of Hierarchy," LABOUR, CEIS, vol. 17(2), pages 299-314, June.

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    More about this item

    Keywords

    PAYMENT SYSTEMS ; HUMAN CAPITAL ; JAPAN;
    All these keywords.

    JEL classification:

    • J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J53 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Labor-Management Relations; Industrial Jurisprudence

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