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Employee Participation, Ownership, and Productivity: A Theoretical Framework
Author(s) -
BENNER AVNER,
JONES DEREK C.
Publication year - 1995
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.1995.tb00387.x
Subject(s) - productivity , organizational performance , business , control (management) , conceptual framework , marketing , economics , management , economic growth , sociology , social science
A new conceptual framework to define and differentiate among diverse forms of employee ownership is developed. Two central rights associated with ownership, return and control rights, are identified. Their impact on individual motivation, individual performance, organizational structural variables and organizational performance is evaluated. We show how, over certain ranges of combinations of control and return rights, the relationship between alternative ownership arrangements and organizational performance may be nonlinear. The implications for the introduction of employee ownership and the evaluation of empirical work are considered.