LSE CEP LSE
Centre for Economic Performance (CEP)

Abstract for:

Monitoring Colleagues at Work: Profit-Sharing, Employee Ownership, Broad-Based Stock Options and Workplace Performance in the United States

Joseph  Blasi,  Richard  Freeman,  Douglas  Kruse,  August 2004
Paper No' CEPDP0647: | Full paper (pdf)
Save Reference as: BibTeX BibTeX File | Endote EndNote Import File
Keywords:

JEL Classification:

Is hard copy/paper copy available? YES - Paper Copy Still In Print.
This Paper is published under the following series: CEP Discussion Papers
Share: Google Bookmarks Google Bookmarks | Facebook Facebook | Twitter Twitter

Abstract:

This study seeks to increase our understanding of worker reactions to shirking by analyzing two new questions on shirking from the 2002 General Social Science Survey (GSS). We developed the questions in order to illuminate the factors that enable some shared capitalist enterprises to overcome the free rider or 1/N dilemma. Our guiding principle is the notion that for profit-sharing, worker ownership, and broad-based stock options to produce economic benefits, workers must “buy into” shared arrangements and create a workplace culture that discourages shirking.