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Teams, Autonomy, and the Financial Performance of Firms: New Evidence from Panel Data

In: Advances in the Economic Analysis of Participatory and Labor-Managed Firms

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  • Jed DeVaro

Abstract

I use the 1998–2004 Workplace Employee Relations Survey (WERS) panel data set of British establishments to analyze the effect of team production (either autonomous/self-managed or closely managed) on financial performance. The pattern of evidence is consistent with a positive association between team production in an establishment's largest occupational group and the likelihood of improved financial performance for that establishment. However, the results are mixed concerning whether the positive effects of teams are larger for autonomous teams versus nonautonomous teams.

Suggested Citation

  • Jed DeVaro, 2011. "Teams, Autonomy, and the Financial Performance of Firms: New Evidence from Panel Data," Advances in the Economic Analysis of Participatory & Labor-Managed Firms, in: Advances in the Economic Analysis of Participatory and Labor-Managed Firms, pages 63-85, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:aeapzz:s0885-3339(2011)0000012007
    DOI: 10.1108/S0885-3339(2011)0000012007
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    Keywords

    Self-managed teams; financial performance;

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