This work, originally published in 1989, examines a highly
important phenomenon: the growth of profit-sharing and
share-ownership schemes for employees within the company. The
Origins of Economic Democracy traces the origins and developments
of such schemes internationally, and presents an explanatory
framework for understanding their emergence. Both legislation and
economic conditions play key roles in determining the popularity of
such schemes for companies and their employees. The subject of
profit-sharing is of vital importance to companies endeavouring to
improve their financial performance while increasing the degree of
job satisfaction and organizational loyalty of staff members.
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