Heywood, John; Jirjahn, Uwe; Tsertsvadze, Georgi - In: International Economic Journal 19 (2005) 2, pp. 235-250
This paper argues that, in general, profit sharing aligns the interests of workers and the firm and that this alignment reduces the extent of conflict between workers and management. This paper also argues that this general result will not carry over to the workers least able to respond to the...