Complementarities between employee involvement and financial participation : do institutional context, differing measures, and empirical methods matter?

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dc.contributor.author Jones, Derek C.
dc.contributor.author Kalmi, Panu
dc.contributor.author Kato, Takao
dc.contributor.author Mäkinen, Mikko
dc.date.accessioned 2020-05-15T12:24:03Z
dc.date.available 2020-05-15T12:24:03Z
dc.date.issued 2017
dc.identifier.issn 0019-7939
dc.identifier.uri https://helda.helsinki.fi/bof/handle/123456789/17413
dc.description.abstract The authors investigate whether productivity is greater if firms use employee involvement (EI) in decision making and financial participation (FP) as complementary practices. Based on representative panel data from Finnish manufacturing firms, the study uses diverse specifications to examine different theoretical explanations of the productivity effects of complementarities. The authors find virtually no evidence to support the theory of complementarities when EI and FP are simply measured by their incidence. They do find some evidence for complementarities using cross-sectional data (controlling for several covariates that related work has found to be important for firm performance) and also when analyses use measures of the intensity of FP. In accounting for differences in empirical findings across varying settings, the findings suggest that outcomes depend on the institutional context and are sensitive to variation in measurement and analytical methods.
dc.language.iso ENG
dc.subject Suomi
dc.subject teollisuusyritykset
dc.subject.other new workplace practices
dc.subject.other employee involvement
dc.subject.other financial participation
dc.subject.other HRM
dc.subject.other complementarities
dc.subject.other firm productivity
dc.title Complementarities between employee involvement and financial participation : do institutional context, differing measures, and empirical methods matter?
dc.type Journal Article
dc.identifier.urn URN:NBN:fi:bof-202002181165
dc.series.name Industrial and Labor Relations Review
dc.series.volume 70
dc.series.number 2
dc.date.publication 1.3.2017
dc.subject.yso yritykset
dc.subject.yso tuottavuus
dc.type.okm A1
dc.relation.doi https://doi.org/10.1177/0019793916657538
dc.format.pagerange 395–418

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