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Employee Ownership and Company Performance
Author(s) -
BRADLEY KEITH,
ESTRIN SAUL,
TAYLOR SIMON
Publication year - 1990
Publication title -
industrial relations: a journal of economy and society
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.61
H-Index - 57
eISSN - 1468-232X
pISSN - 0019-8676
DOI - 10.1111/j.1468-232x.1990.tb00760.x
Subject(s) - competitor analysis , general partnership , business , context (archaeology) , productivity , labour economics , economics , marketing , finance , economic growth , paleontology , biology
This paper investigates how Britain's largest employee‐owned firm, the John Lewis Partnership, performs relative to its major competitors. In the context of John Lewis's unique constitutional structure, employee ownership appears to offer significant advantages in the market place. It is difficult to assess the relative importance of particular policies; as a group, employee ownership, open information flows, high wages, and profit share are clearly associated with high productivity.