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Worker Participation in Employee-Owned Firms

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  • Patrick Michael Rooney

Abstract

This article, which is a part of a larger comprehensive study of the effects of employee ownership and worker participation on productivity in the United States, focuses on and documents the lack of worker participation in employee-owned firms [Rooney 1987]. It is estimated that more than 7,000 U.S. firms covering some 10 million employees have some degree of employee ownership [Rosen, Klein and Young 1986, p. 15]. By employee ownership, we simply mean that most of the employees own some shares of stock in the company in which they work. While most employee-owned firms have less than a majority ownership stake, several hundred U.S. firms are majority emp10yeeowned, and are the target of this study.

Suggested Citation

  • Patrick Michael Rooney, 1988. "Worker Participation in Employee-Owned Firms," Journal of Economic Issues, Taylor & Francis Journals, vol. 22(2), pages 451-458, June.
    • Handle: RePEc:mes:jeciss:v:22:y:1988:i:2:p:451-458
    DOI: 10.1080/00213624.1988.11504775
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    References listed on IDEAS

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    1. Rooney, Patrick Michael, 1992. "Employee ownership and worker participation : Effects on health and safety," Economics Letters, Elsevier, vol. 39(3), pages 323-328, July.
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    Cited by:

    1. Pendleton, A. & McDonald, J. & Robinson, A. & Wilson, N., 1995. "Patterns of employee participation and industrial democracy in UK ESOPs," LSE Research Online Documents on Economics 20717, London School of Economics and Political Science, LSE Library.
    2. J McDonald & A Pendleton & A Robinson & N Wilson, 1995. "Patterns of Employee Particpation and Industrial Democracy in UK ESOPs," CEP Discussion Papers dp0249, Centre for Economic Performance, LSE.

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