Arbeitspapier

Labour Participation in Different Firm Organisations

The main issue is the organisation of firms when different degrees of labour participation are taken into account. We start reviewing the literature on the LM firm. We then consider a less radical labour participation, i.e. the Aoki firm. We survey extensions of the Aoki's firm to the case of market uncertainty, where also the question of the optimal allocation of the shut down decision is tackled, when shareholders are not able to maximise the total payoff accruing to both workers and owners. By and large, it appears that the degree of labour participation in decisions and rent sharing in a firm is not a settled question, even though is seems to depend on the respective degree of firm specificities of production factors.

Language
Englisch

Bibliographic citation
Series: Nota di Lavoro ; No. 29.1999

Classification
Wirtschaft
Firm Objectives, Organization, and Behavior: General
Subject
Labour participation
Firm organisation
Theorie der Unternehmung
Unternehmensorganisation
Betriebswirtschaftliches Ziel
Selbstverwalteter Betrieb
Mitarbeiterkapitalbeteiligung
Risiko
Erfolgsbeteiligung
Theorie

Event
Geistige Schöpfung
(who)
Moretto, Michele
Rossini, Gianpaolo
Event
Veröffentlichung
(who)
Fondazione Eni Enrico Mattei (FEEM)
(where)
Milano
(when)
1999

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Moretto, Michele
  • Rossini, Gianpaolo
  • Fondazione Eni Enrico Mattei (FEEM)

Time of origin

  • 1999

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