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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| Published in | British journal of industrial relations Vol. 58; no. 2; pp. 364 - 395 |
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| Main Authors | , , , |
| Format | Journal Article Paper |
| Language | English |
| Published |
London
Blackwell Publishing Ltd
01.06.2020
Federal Reserve Bank of St. Louis Wiley |
| Subjects | |
| Online Access | Get full text |
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| Abstract | 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. |
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| AbstractList | 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. |
| Author | Laroche, Patrice Doucouliagos, Hristos Stanley, T. D. Kruse, Douglas L. |
| Author_xml | – sequence: 1 givenname: Hristos orcidid: 0000-0001-5269-3556 surname: Doucouliagos fullname: Doucouliagos, Hristos organization: Hristos Doucouliagos is with Alfred Deakin Institute for Citizenship and Globalisation and Deakin Laboratory for the Meta‐Analysis of Research (DeLMAR), Deakin University – sequence: 2 givenname: Patrice orcidid: 0000-0003-3886-0797 surname: Laroche fullname: Laroche, Patrice organization: Patrice Laroche is with Université de Lorraine (IAE Nancy) and ESCP Europe – sequence: 3 givenname: Douglas L. orcidid: 0000-0002-7121-7616 surname: Kruse fullname: Kruse, Douglas L. organization: Douglas L. Kruse is with Rutgers University – sequence: 4 givenname: T. D. orcidid: 0000-0002-3205-1983 surname: Stanley fullname: Stanley, T. D. organization: T. D. Stanley is with Deakin Laboratory for the Meta‐Analysis of Research (DeLMAR), Deakin University |
| BackLink | https://hal.univ-lorraine.fr/hal-02527812$$DView record in HAL |
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| Copyright | 2019 John Wiley & Sons Ltd. 2020 John Wiley & Sons Ltd and London School of Economics 2020. Notwithstanding the ProQuest Terms and conditions, you may use this content in accordance with the associated terms available at https://research.stlouisfed.org/research_terms.html . Distributed under a Creative Commons Attribution 4.0 International License |
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| Snippet | In this article, we re‐examine the relationship between group‐based profit sharing and productivity. Our meta‐regression analysis of 355 estimates from 56... In this article, we re-examine the relationship between group-based profit sharing and productivity. Our meta-regression analysis of 355 estimates from 56... |
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| SubjectTerms | 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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| Title | Is Profit Sharing Productive? A Meta‐Regression Analysis |
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