지원사업
학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
커뮤니티
연구자들이 자신의 연구와 전문성을 널리 알리고, 새로운 협력의 기회를 만들 수 있는 네트워킹 공간이에요.
초록· 키워드
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Labor managed firms typically require workers to invest capital and labor in a single venture. This will largely constrain the number of workers who are willing to and able to work in labor managed firms. Therefore, the labor search cost in labor managed firms would be higher than that of capital managed firms counterparts. As the number of workers increase the search cost will increase, and on the other hand, the agency problem advantage of labor managed firms would be diluted. The economic model introduced in this paper is founded on this simple idea. Using this framework, we show how variables such as number of workers, capital intensity, homogeneity of workers, labor turn-over ratio and riskiness can affect the emergence of labor managed firms. We also show why labor managed firms are often found to be more productive and when employee buy-out may occur.
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참고문헌 (14)
참고문헌 신청
Bartlett, W. / 1992 / Labor-managed Cooperatives and Private Firms in North Central Italy: An Empirical Comparison / Industrial and Labor Relations Review 46 (1) : 103 ~ 118
Bastone, E. / 1982 / The Performance of Labour Managed Firms / Macmillan Press : 99 ~ 121
Bester, H. / 1987 / The Role of Collateral in Credit Markets with Imperfect Information / European Economic Review 31 (4) : 887 ~ 899
Bonin, J. P. / 1993 / Theoretical and Empirical Studies of Producer Cooperatives: Will the Twain Ever Meet? / Journal of Economic Literature 31 (3) : 1290 ~ 1320
Bowles, S. / 1993 / Markets and Democracy: Participation, Accountability and Efficiency / Cambridge University Press : 13 ~ 39
Bastone, E. / 1982 / The Performance of Labour Managed Firms / Macmillan Press : 99 ~ 121
Bester, H. / 1987 / The Role of Collateral in Credit Markets with Imperfect Information / European Economic Review 31 (4) : 887 ~ 899
Bonin, J. P. / 1993 / Theoretical and Empirical Studies of Producer Cooperatives: Will the Twain Ever Meet? / Journal of Economic Literature 31 (3) : 1290 ~ 1320
Bowles, S. / 1993 / Markets and Democracy: Participation, Accountability and Efficiency / Cambridge University Press : 13 ~ 39
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