English, Article edition: GOVERNMENT SUPPORT FOR PROFIT SHARING, GAINSHARING, ESOPs, AND TQM ROGER T. KAUFMAN; RAYMOND RUSSELL

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Bookmark: http://trove.nla.gov.au/version/185274
Physical Description
  • article
Language
  • English

Edition details

Title
  • GOVERNMENT SUPPORT FOR PROFIT SHARING, GAINSHARING, ESOPs, AND TQM
Author
  • ROGER T. KAUFMAN
  • RAYMOND RUSSELL
Physical Description
  • article
Notes
  • Empirical evidence suggests that profit sharing, gainsharing, employee ownership, worker participation, and Total Quality Management (TQM) may increase productivity and firm performance. Nevertheless, one needs to ground the case for government intervention in support of each of these programs on arguments concerning externalities or merit goods. This paper argues that no one yet has offered a convincing case of this nature. It also discusses the U.S. government's support for ESOPs and suggests reasons for its disappointing results in the hope that future policy experiments will not repeat these mistakes. Copyright 1995 Western Economic Association International.
  • RePEc:bla:coecpo:v:13:y:1995:i:2:p:38-48
Language
  • English
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