Profit Sharing and Employment Stability
Bibliographic Data
| ID | 3334756 |
|---|---|
| Authors | James Chelius, James R Chelius (corresponding author), Robert S Smith (0000-0001-5414-979X, corresponding author) |
| Year | 1990 |
| Volume | 43 |
| Issue | 3 |
| Pages | 256-S-273-S |
| Publication date | 1990-04-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Industrial and Labor Relations Review (JOURNAL) |
| Journal identifiers | ISSN: 0019-7939 • E-ISSN: 2162-271X |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/001979399004300315 |
| OpenAlex | W2067382133 |
| ISBN | 9793990043003 |
| Language | EN |
| Citations received | 7 |
| References cited | 6 |
This paper tests the hypothesis that workers whose compensation packages contain a profit-sharing component are less susceptible to layoff in the face of negative shocks to product demand than are workers paid a fixed, time-based wage. The theory is tested on two data sets, one a household survey and the other a survey of small businesses conducted by the authors. The characteristics of profit sharing among small businesses by and large meet the theoretical requirements for stabilizing employment, and the authors do find evidence in both samples to support the hypothesis; the evidence, however, is of borderline statistical significance and is therefore more suggestive than definitive
Business · Compensation (psychology) · Demographic economics · Econometrics · Economics · Labour economics · Layoff · Microeconomics · Profit (economics) · Profit margin · Profit sharing · Stability (learning theory) · Statistical evidence · Statistics · Survey data collection · Unemployment · Wage · Computer Science · Cooperative Studies and Economics · Digital Economy and Work Transformation · Finance · Labor Movements and Unions · Marketing · Psychology · Sharing Economy and Platforms · Social Psychology · Taxation and Compliance Studies
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Participação dos trabalhadores nos lucros e resultados das empresas
Changing employment relations under a fractured corporate elite
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,21 |
| Citation span | 1992 - 2021 (30) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 4 |