Profit sharing, firm performance and union influence in selected European countries

2004 ◽  
Vol 33 (3) ◽  
pp. 335-350 ◽  
Author(s):  
Daryl D'Art ◽  
Thomas Turner

Schemes of profit sharing and employee share‐holding have a 19th century origin. The objects of profit sharing vary according to its proponents. The primary focus of this paper will be on managerial schemes of financial participation and the expectations that their installation will lead to an improvement in organizational performance and employee behaviour. Using a survey of 2,827 private sector firms in 11 European countries we test for the effect of profit sharing on profitability, productivity and employee turnover and absenteeism. In addition, the effect of profit sharing on union influence is examined. In common, with other research in this area, our results show that while there is some evidence of a positive relationship between profit sharing and organizational performance, this was not definitive. In the case of union influence, there was some evidence of an adverse effect of these schemes on the solidarity of the collective.

2017 ◽  
Vol 5 (1) ◽  
pp. 370
Author(s):  
Chiemeke Kingsley Chiedu ◽  
Choi Sang Long ◽  
Hapriza BT Ashar

Employee turnover has become a key performance indicator for many organizations as they struggle to retain talented employees. The negative impact of turnover on organizational performance has continually forced organizational leaders to seek better ways of retaining valuable employees. The relationship between man and work has always attracted the attention of philosophers. A major part of men’s life is spent at work. Work is social reality and social expectation to which men seem to conform. It not only provides status to the individual but also binds him to the society. An employee who is satisfied with his job would perform his duties well and be committed to his job, and subsequently to his organization. This paper examines relationship among job satisfaction, organizational commitment and employees’ turnover intentions at Unilever Corporation in Nigeria. The data for this study was collected from 117 employees currently working at Unilever Nigeria PLC using the survey method via the questionnaire. Pearson Correlation and the multiple regression analysis techniques using the SPSS version 22.0 was used for the data analysis. The findings of the study revealed that both job satisfaction and organizational commitment have significant negative relationship with employee turnover intentions. In addition, organizational commitment was revealed to have a more dorminant influence on employee turnover intentions than job satisfaction. Based on these findings, the implications, recommendations, practice, and theory were discussed.


2020 ◽  
Vol 7 (1) ◽  
pp. 25-32
Author(s):  
Krystian Gurba

Organizations managing technology transfer from universities to the private sector, although born in Poland with a significant delay compared to Western European countries, are currently important actors in the Polish innovation system. The article summarizes the process of shaping the role and models of the functioning of these organizations. It discusses the status and functions of technology transfer centers and the institutional environment of academic technology transfer in Poland: legal framework, support programs, and partner organizations. Furthermore, it highlights the importance of cooperation networks in technology transfer and draws attention to specific initiatives focused on technology transfer in the biotechnology and pharmacy sectors.


Author(s):  
Carlos Santiago-Caballero

ABSTRACT This paper sheds light on a crucial period of Spanish economic history, analysing changes in intergenerational occupational mobility. We use newly collected empirical evidence from Valencia, a region that followed a path of growth based on agrarian capitalism focused on international markets. We show that occupational mobility improved between 1841 and 1850, but that this situation reversed during the following decades. The opportunities offered to individuals from poorer families quickly disappeared. Put in international perspective, occupational mobility in Valencia was far lower than in other European countries, where both downward and especially upward mobility were considerably higher. By 1870, Valencia had become a polarised society, where the lowest part of the income distribution suffered increasing pauperisation and downward mobility.


2021 ◽  
Vol 13 (9) ◽  
pp. 4783
Author(s):  
Anna Dunay ◽  
Abebe Ayalew ◽  
Gemechu Abdissa

The main purpose of this study is to examine the effect of corporate social responsibility on the organizational performance of the Dangote cement factory in Ethiopia. In order to achieve the research objectives, the authors adopted both a descriptive and explanatory research design. Structured questionnaires were used to gather data from the targeted group of the study, where the probability and non-probability sampling technique was employed to draw a sample of 179. The collected data were presented and analyzed using the SPSS (version 20) statistical software package. A multiple linear regression model was applied to see the effect of CSR on organizational performance. The study showed that philanthropic activities, ethical activities, and legal activities affect organizational performance, have a positive relationship, and are statistically significant at a 1% confidence interval. It was concluded that for the existence of business industries, the community relation is key to ensuring a conducive atmosphere for the business to succeed.


2021 ◽  
pp. 002085232199642
Author(s):  
Ringa Raudla ◽  
James W. Douglas ◽  
Zachary Mohr

Civil servants vary in the degree to which they hold technocratic attitudes. We explore whether bureaucrats’ exposure to politics and politicians is associated with the depoliticization dimension of the technocratic mentality. We use survey data of high-level executives in 19 European countries to explore factors that are associated with executives’ perceptions that removing issues and activities from the realms of politics leads to more farsighted policies. We find that respondents’ level of exposure to politics and politicians is indeed negatively associated with technocratic mentality. Bureaucrats have studied political science or public administration, work closer to politicians (in terms of type of organization), interact with them more frequently, and have more positive perceptions of these interactions tend to have lower levels of technocratic attitudes. Points for practitioners Beliefs affect behaviors and behaviors affect outcomes. Technocratic attitudes may limit the ability of civil servants to work effectively with politicians. We show that educational degrees that promote democratic values and exposure to politicians (particularly positive interactions) are associated with lower levels of technocratic attitudes. Given that a proper balance between political and technical knowledge can enhance organizational performance (Krause et al., 2006), these findings should be taken into account when staffing and structuring public organizations.


2013 ◽  
Vol 14 (Supplement_1) ◽  
pp. S328-S357 ◽  
Author(s):  
Claudine Kearney ◽  
Robert D. Hisrich ◽  
Bostjan Antoncic

A model is proposed that tests the antecedents and the mediating effect of corporate entrepreneurship on the external environment-performance relationship within private and public sector organizations. Hypotheses were tested using data from a sample of chief executive officers in 51 private sector organizations in the United States, 141 private sector organizations in Slovenia and 134 public sector state and semi-state enterprises in Ireland. Data was analyzed using hierarchical regression analysis. The results show that dynamism and munificence effects on performance are mediated by an organization's corporate entrepreneurship in the private sector and munificence effects on performance are mediated by an organization's renewal in the public sector and that renewal must be in place to maximize the effect of munificence on performance. The results support a model that incorporates an extensive and diverse literature into a single model and helps illuminate similarities and differences of corporate entrepreneurship between the private sector and the public sector. The study shows that an integrative model and the interplay among the constructs yields new insights unavailable to single and focused approaches. It offers new insights about corporate entrepreneurship, not only as a discrete pursuit, but also as a construct that shapes and extends organizational performance.


2010 ◽  
Vol 3 (1) ◽  
pp. 6-14
Author(s):  
Béla Mester

The paper analyses a well‐known phenomenon, that of the 19th century Central European so‐called “national philosophies”. However, the philosophical heritages of the Central European countries have their roles in the national identities; historians of philosophy in these countries know; our philosophies have common institutional roots with our neighbours. The paper deadlines paradigmatic problems from the Hungarian and Slovakian philosophy: the Latin language in philosophy, the different role of Kantianism and Hegelianism in the national cultures, and the problems of canonisation. Vengrų ir slovakų nacionalinių filosofijų komparatyvistinė istoriografija: Vidurio Europos atvejis Santrauka Straipsnyje tyrinėjamas gerai žinomas fenomenas, XIX a. Vidurio Europoje vadinamas „nacionalinėmis filosofijomis“. Kad ir kaip būtų, filosofiniai Vidurio Europos valstybių palikimai turi įtakos nacionaliniams tapatumams, ir tai žino šių valstybių filosofijos istorikai. Mūsų ir mūsų kaimynų filosofijos turi bendrąsias paprotines šaknis. Straipsnyje brėžiama paradigminių vengrų ir slovakų filosofijos problemų perskyra pagal lotynų kalbą filosofijoje, skirtingą kantizmo ir hėgelizmo vaidmenį tautinėse kultūrose bei kanonizacijos problemas. Reikšminiai žodžiai: kanonizacija, Vidurio Europos filosofijos, hėgelizmas, vengrų filosofija, kantizmas, lotynų kalba filosofijoje, tautinis tapatumas, „nacionalinės filosofijos“, slovakų filosofija.


2015 ◽  
Vol 11 (28) ◽  
pp. 139
Author(s):  
Solomon Ozemoyah Ugheoke

<p>Abstract</p> <p>A principal concern express among organizational researchers is to understand why some organizations irrespective of size, location and sector outperform others. High performance work system (HPWS) offers an explanation for this phenomenon. The implementation of unique practices leads some organizations to outperform others and give organizations the competitive advantage over others. While it has been well established that HPWS practices affect organizational performance within a large and complex organizations, less have been empirically established if they also create benefit for public organizations and this has generated concerns among researchers in the field of HPWS.  Following this argument, this study examines this theoretical gap with a survey data collected from employees in the public sector. Overall, three dimensions of HPWS were identified by the researchers and the level of awareness was assessed on a seven point Likert scale. We found that two out of the three dimensions of HPWS identified in this have a positive relationship with organizational performance.</p> <p>Keywords: HPWS, organizational performance, selective training and development, PMS, individual role.</p> <p> </p>


Author(s):  
Adriana Iuliana DAN ◽  
Marcel M. DUDA ◽  
Cristina MOLDOVAN ◽  
Teodora FLORIAN

AbstractHemp (Cannabis sativa L.) was used for textile and cordage more than 4000 years. The cultivation of industrial hemp declined in the 19th century but it remains one of the oldest crops in history. Despite of the decline, nowadays interest for this crop has recently been renewed within various European countries (Roman et al., 2012). The aim of the research is to observe the evolution of production values and physical parameters (MMB- grain) under the influence of different seeding space and organic fertilization level recorded in some hemp varieties approved in Romania, with a low level of THC.


2020 ◽  
Vol 9 (4) ◽  
pp. 76-86
Author(s):  
SANIA USMANI

In recent years, substantial attention has been given to the impact of Financial Participation on Financial Performance. However, there is a lack of research of the impact of Financial Performance on Financial Participation and the mediating role of Fnancial Participation between Financial Performance, Employee Recruitment and Employee Retention. In this paper, Financial Performance, Financial Participation, Employee Recruitment and Employee Retention is examined, including two types of financial participation; Employee Stock Options and Profit Sharing. The purpose of this research was to understand the role of financial participation in attracting individuals and retaining them. Non-probability-based convenience sampling technique was used in this study. The technique was used mainly due to ease of access of respondents, geographical proximity and cost-effectiveness (Etikan et al. 2016). Structural Equation Modelling was applied on the data analysis using Partial Least Squares method on SMART-PLS Software. Drawing on the data collected from 211 respondents from various national and multinational companies in the FMCG Sector of Karachi, Pakistan. The results indicated that Financial Participation has important interaction effects with Financial Performance, Employee Recruitment and Employee Retention. It is also found that indirect effect of Financial Participation has a strong mediating relationship with Employee Retention as compared to Employee Recruitment. The findings suggest that by incorporating financial participation by employees, HR can effectively recruit and retain better individuals. Also, ESOPs are a better form of attracting and retaining better employees. Keywords: Employee Stock Ownership, Financial Participation, Profit Sharing, Financial Performance, Employee Recruitment, Employee Retention.


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