The relationship between R&D intensity and profit-sharing schemes: evidence from Germany and the United Kingdom

Diego d'Andria and Silke Uebelmesser

VfS Annual Conference 2016 (Augsburg): Demographic Change from Verein für Socialpolitik / German Economic Association

Abstract: We study the determinants of the use of profit sharing schemes (PSS) by exploiting two datasets for Germany and the United Kingdom. Our results replicate studies for the U.S. which report a positive correlation between R&D activity and PSS use. For Germany, Granger-causality tests support a causal interpretation. Similarly to U.S.-based studies, we also find that a firm's turnover is strongly associated with PSS use whereas this does not hold for the age of a firm and its organizational characteristics.

JEL-codes: J33 L20 O31 (search for similar items in EconPapers)
Date: 2016
New Economics Papers: this item is included in nep-bec, nep-ino, nep-mkt and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc16:145622

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