This paper analyzes the possibility of creating worker cooperatives in which members are paid not through wages but through dividends calculated on the organization's residual income, as stipulated by the economic theory of the labor-managed firm. It is shown how dividends paid to members can be...

Self-managing organizations, characterized by flat hierarchies and decentralized power, are expected to empower and engage employees. In contrast, critics argue that a lack of structure could cause confusion and increased stress and burnout. However, neither assumption has been quantitatively...

This paper presents an analytical economic democracy-shared capitalism framework to better understanding of the nature and firm-level drivers of employee ownership, in particular the purpose of the firm. This framework allows us to answer the question: to what extent and how does firm purpose...