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Ownership and decision-making are key issues in the economic
restructuring taking place as economies struggle to emerge from the
Great Recession, and technological change and globalization
continue to place new demands on workers and firms. Corporate,
labor, and policy leaders are increasingly recognizing the
potential role of employee ownership, cooperatives, profit sharing,
and other ways in which employees directly participate in
decision-making and financial performance. This volume contains
cutting-edge research on the causes and effects of financial and
decision-making participation, including results from the United
States, European Union, Russia, India, and Basque area of Spain,
along with a unique laboratory experiment to probe the real-world
findings. Along with consideration of standard economic outcomes
are studies that examine job satisfaction in the largest U.S.
worker cooperative, and firm survival among cooperatives and ESOP
companies. In addition, there are theoretical and thought pieces on
the meaning and value of employee ownership in a rapidly changing
world economy.
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