THEORETICAL ASPECTS OF EMPLOYEE FINANCIAL PARTICIPATION IN ENTERPRISES

Authors

  • Kristaps Lešinskis BA School of Business and Finance (LV)

DOI:

https://doi.org/10.17770/lner2009vol1.1.1764

Keywords:

employee financial participation, factors of production, profit sharing, share ownership, saving schemes

Abstract

The contemporary ideas suggest the profit sharing not only among the capital and the enterprise, but the labor as well. The way how to put into effect this approach to wealth distribution is employee financial participation. There may be several forms of employee financial participation – profit sharing, share ownership, saving schemes, gain sharing. This paper will analyze theoretical background and practical issues of employee financial participation in enterprises.

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References

Goldfinger M.A. What Do Modern Economists Think? – Henry George News, December, 1953.

Knight F.H. Risk, Uncertainty and Profit.- Cosimo, Inc., 2006, 400 pages.

Quesney F., Kuczynski M., Meek R.L. Quesney’s Tableau Economique.- Macmillan, 1972, 160 pages.

Schumpeter J.A. The Theory of Economic Development: An inquiry into profits, capital, credit, interest and the business cycle.- Transaction Publishers, 1983, 255 pages.

Von Mises L. Socialism: An Economic and Sociological Analysis.- Liberty Classics, 1981, 569 pages.

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Published

2009-06-30

Issue

Vol. 1 No. 1 (2009): Latgale National Economy Research

Section

Articles