The Comparative Efficiency and Productivity of Labor-Managed and Capital-Managed Firms

Chris Doucouliagos
Additional contact information
Chris Doucouliagos: School of Economics, Faculty of Business and Law, Deakin University, 221 Burwood Highway, Burwood 3125, Victoria, Australia, douc@deakin.edu.au

Review of Radical Political Economics, 1997, vol. 29, issue 2, 45-69

Abstract: The available empirical literature comparing the efficiency and productivity of labor-managed and capital-managed firms is reviewed and meta-analysed. The results suggest that labor-managed firms are not less efficient or less productive than capital-managed firns. Labor-managed firms have lower output-to-labor ratios and even lower capital-to-labor ratios. However, the differences in these ratios are not statistically significant. The labor-managed firm's democratic governance, industrial relations climate, and organisational setting do not appear to adversely affect productivity and efficiency

Date: 1997
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/048661349702900203 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:29:y:1997:i:2:p:45-69

DOI: 10.1177/048661349702900203

Access Statistics for this article

More articles in Review of Radical Political Economics from Union for Radical Political Economics
Bibliographic data for series maintained by SAGE Publications ().