Is Profit Sharing Productive? A Meta‐Regression Analysis

In this article, we re‐examine the relationship between group‐based profit sharing and productivity. Our meta‐regression analysis of 355 estimates from 56 studies controls for publication selection and misspecification biases and investigates the impact of firm‐level unionisation. Profit sharing is...

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Bibliographic Details
Published inBritish journal of industrial relations Vol. 58; no. 2; pp. 364 - 395
Main Authors Doucouliagos, Hristos, Laroche, Patrice, Kruse, Douglas L., Stanley, T. D.
Format Journal Article Paper
LanguageEnglish
Published London Blackwell Publishing Ltd 01.06.2020
Federal Reserve Bank of St. Louis
Wiley
Subjects
Bias
Business administration
Capital
Capital investments
Cooperation
Economics and Finance
Employee involvement
Humanities and Social Sciences
Productivity
Profit sharing plans
Regression analysis
Transition economies
Unionization
Worker participation
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Summary:In this article, we re‐examine the relationship between group‐based profit sharing and productivity. Our meta‐regression analysis of 355 estimates from 56 studies controls for publication selection and misspecification biases and investigates the impact of firm‐level unionisation. Profit sharing is positively related to productivity on average, with a stronger relationship where there is higher unionisation. The positive effect of profit sharing on productivity is larger in cooperative firms and in transition economies. Separate meta‐analysis of interactions suggests that profit sharing works better in combination with capital investment and employee participation in decisions.
ISSN:0007-1080
1467-8543
DOI:10.1111/bjir.12483