Advances in the economic analysis of participatory and labor-managed firms edited by Alex Bryson - Bingley : Emerald, c2012. - xix, 360 p. : ill. ; 24 cm. - Advances in the economic analysis of participatory and labor-managed firms ; 13 .

With the financial crisis and Great Recession, some economists have begun to question the orthodox approach to production and capital/labor relations over the last two to three decades. This orthodoxy has been thrown into question due to concerns of poor corporate decision-making, corporate capture of regulators, perceived rewards for failure, and uneven productivity growth. But a new spirit of introspection and doubt about orthodox approaches has created some impetus leading to greater interest in themes, such as worker ownership, sharing rewards, co-operatives, and employee involvement practices which feature heavily in the 'Advances in the Economic Analysis of Participatory and Labor-Managed Firms' series. This 'new spirit' is apparent for all to see in the 12 contributions to this volume of 'Advances' which cover co-operatives, effects of worker participation on firm performance, the diffusion of high involvement management practices, and outcomes for workers.

9781781902202


Management--Employee participation
Employee empowerment

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