scholarly journals THEORETICAL ASPECTS OF EMPLOYEE FINANCIAL PARTICIPATION IN ENTERPRISES

2009 ◽  
Vol 1 (1) ◽  
pp. 20
Author(s):  
Kristaps Lešinskis

The contemporary ideas suggest the profit sharing not only among the capital and the enterprise, but the labor as well. The way how to put into effect this approach to wealth distribution is employee financial participation. There may be several forms of employee financial participation – profit sharing, share ownership, saving schemes, gain sharing. This paper will analyze theoretical background and practical issues of employee financial participation in enterprises.

2002 ◽  
Vol 8 (1) ◽  
pp. 22-46 ◽  
Author(s):  
Erik Poutsma

The main objective of this contribution is to provide an account of the development during the 1990s of what has been called PEPPER. PEPPER is an acronym used by the European Commission that stands for Promotion of Employee Participation in Profit and Enterprise Results (including equity). This paper is based on a review of available international research and publications and interviews with country-experts. It makes an attempt to present a systematic overview of existing forms of employee financial participation and the preconditions for its existence. Special attention is given to the policies of governments of the EU Member States and the views of social partners that support or hinder the development of financial participation in Europe.


2016 ◽  
Vol 39 (2) ◽  
pp. 195-227 ◽  
Author(s):  
Mark Williams

Little is known about variation in the efficacy of financial participation across countries. This article examines the relationship between two types of financial participation (profit-sharing and employee share-ownership) and labour productivity across 29 European countries using a representative workplace survey. Consistent with theoretical expectations, profit-sharing is associated with superior labour productivity when it is open to all employees, whilst the evidence for employee share-ownership is more mixed. Analysis reveals considerable variation in the efficacy of both schemes across Europe. Country-level collective bargaining coverage has the greatest explanatory power in accounting for cross-country variation in efficacy. In countries with higher levels of collective bargaining coverage, profit-sharing performs less well, whereas employee share-ownership performs better, relative to countries with lower collective bargaining coverage. These findings shed light on the comparative dimension of the financial participation–labour productivity link.


2002 ◽  
Vol 8 (1) ◽  
pp. 47-62 ◽  
Author(s):  
Andrew Pendleton ◽  
Erik Poutsma ◽  
Chris Brewster ◽  
Jos van Ommeren

This article examines the incidence of financial participation across the European Union at the end of the 1990s. The main findings are that the incidence of both profit-sharing and share ownership differ considerably across member states and that this correlates broadly with the extent of differences in legislative and fiscal support for them. Other factors, such as domestic ownership, stock market listing, size (in the case of share ownership) and workforce composition, are also important. On the whole clear or strong relationships between union density and financial participation were not identified.


2018 ◽  
Vol 6 (2) ◽  
pp. 97
Author(s):  
Akmal Jaya

This research aims to show the influences of the power of discourse: genre, gender, and colonialism in Unbeaten Tracks in Japan by Isabella Lucy Bird. Some travel writing’s paradigms were used as theoretical background in this research, such Sara Mills and Carl Thompson. As an object of the research, the novel became the source of primary data. Another historical and cultural literary and also literary review of Unbeaten Tracks in Japan as secondary data. The result of the research examined that contestation of discourses implied the way of the author to preserve his stories.


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.


1982 ◽  
Vol 12 (2) ◽  
pp. 335-352 ◽  
Author(s):  
Alan Soble

A principle of paternalism must be able to answer three questions. Who are the persons who are the proper object of paternalism? Which actions should we prevent persons from doing or induce them to perform? What should our goals be when acting paternalistically toward these persons? A satisfactory principle will also be reasonably precise in distinguishing appropriate from inappropriate instances of paternalism, and it will be comprehensive, speaking to most (if not all) potential cases, including suicide. My purpose is not to reach a conclusion about the acceptability of paternalistic restrictions on suicide. Rather, because such a conclusion will follow from the way in which a principle of paternalism is formulated, I want to examine several liberal attempts at formulation and the theoretical background underlying these attempts.


2021 ◽  
pp. 1-17
Author(s):  
Laura Stamm

The Introduction chapter lays out the book’s key arguments, historical and theoretical background, and methodology. By arguing that queer biographical films are biopics, this book asserts that media studies scholars and film critics have failed to appreciate the biopic’s rich queer legacy. The chapter includes discussions of the biopic’s biomedical history and use as a teaching tool in public school classrooms before demonstrating why the biopic might be attractive to queer filmmakers and audiences during the AIDS era and emergence of New Queer Cinema. Through understanding the queer biopic as a biopic, this book reorients the way we understand the biopic genre itself.


2022 ◽  
pp. 35-54
Author(s):  
Jaroslav Dvorak ◽  
Remigijus Civinskas

The chapter analyses the use of employee financial participation in Lithuanian companies. The methodology of current research is based on the qualitative research method and analysis of the company's documents. In a total of 19 semi-structured individual anonymous interviews and one focus group were conducted with competent representatives of the companies – heads of human resources and finance departments of companies, heads of legal departments or top managers of law firms representing them. According to the research findings, employers set different goals for share and profit-sharing programs or measures. Among the already examined, high, long-term employee motivation dominates. It also includes aspects of employee involvement in management, strengthening loyalty, forming a sense of ownership. The Scandinavian capital corporation, which manages several companies in Lithuania and applies for a share ownership program, has succeeded in achieving its goals by strengthening employee motivation and involvement.


Author(s):  
Yung-Yung Chang

AbstractThe paper aims to address the development of China’s narrative power during the COVID-19 pandemic and its impact on world order. It argues that in the post-pandemic world, the emergence of the authoritarian sub-order would be prompted by China’s more proactive narrative power, given that the climate of opinion is ambiguous when faced with the uncertainty of the pandemic. (This does not imply the end of the existing liberal order; instead, it features the coexistence of both orders.) To understand how China’s narrative power has encouraged the emergence of the authoritarian sub-order to coexist in parallel with the dominant constitutional order, the article first reviews the existing literature concerning the changing world order. In this section, it also briefly defines and differentiates between the constitutional and authoritarian orders, what defines world order, and what distinguishes authoritarian from constitutional liberal order. Second it looks at the theoretical grounding. The nature, role and power of narratives are explored. Ideas about strategic narratives and the economics of attention are discussed. This theoretical background paves the way to examine China’s narrative power during a pandemic. Lastly, it switches to the Chinese perspective to address its support for the plurality of orders and its awareness of the strength of narrative in influencing dominant ideas. It looks at how China’s narrative power has been exercised from three perspectives (formation, projection and reception). Here, it mainly tackles how China has used its narrative power to spin the pandemic to its advantage in the reorganization of world order: improving its international image and advocating the authoritarian order as an alternative. China has been building its narrative along with its changing strategic diplomacy – from restrained and low-profile to proactive and assertive. In the conclusion, some reflections on China’s narrative power and the implications for world order are considered.


Author(s):  
Eric Kaarsemaker ◽  
Andrew Pendleton ◽  
Erik Poutsma

Employee share ownership involves employees acquiring shares in their employer so that they become shareholders. It takes a variety of forms, some of which may have greater significance and effects than others. The extent to which employees possess profit sharing, information, and participation rights varies considerably. This variety means that generalizations about employee share ownership have to be made with caution, as becomes evident in this article. The article provides more details of the various types of employee share ownership plans, before providing information on the incidence of employee share ownership. It examines the factors associated with the use of employee share ownership plans by companies (‘determinants’). The article also reviews the extensive literature on the effects of employee share ownership on attitudes, behaviour, and performance.


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