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Worker Participation in Employee-Owned Firms

Patrick Michael Rooney

Journal of Economic Issues, 1988, vol. 22, issue 2, 451-458

Abstract: This article, which is a part of a larger comprehensive study of the effects of employee ownership and worker participation on productivity in the United States, focuses on and documents the lack of worker participation in employee-owned firms [Rooney 1987]. It is estimated that more than 7,000 U.S. firms covering some 10 million employees have some degree of employee ownership [Rosen, Klein and Young 1986, p. 15]. By employee ownership, we simply mean that most of the employees own some shares of stock in the company in which they work. While most employee-owned firms have less than a majority ownership stake, several hundred U.S. firms are majority emp10yeeowned, and are the target of this study.

Date: 1988
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DOI: 10.1080/00213624.1988.11504775

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