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Economic theory suggests that competitive pressures will impact on organisational efficiency. In recent years, universities in Australia and New Zealand have faced increased competition for students. The aim of this paper is to explore the efficiency of Australian and New Zealand public...
Persistent link: https://www.econbiz.de/10005452431
Using meta-analytic techniques, the author synthesizes the results of 43 published studies to investigate the effects on productivity of various forms of worker participation: worker participation in decision making; mandated codetermination; profit sharing; worker ownership (employee stock...
Persistent link: https://www.econbiz.de/10011127272
Orthodox economists argue that capitalist firms outnumber labor-managed firms (LMFs) because capitalist firms are more efficient. This paper reviews the literature on the economics of LMFs and argues that efficiency has very little to do with the dominance of capitalist firms. Capitalist firms...
Persistent link: https://www.econbiz.de/10010803282
The available empirical literature comparing the efficiency and productivity of labor-managed and capital-managed firms is reviewed and meta-analysed. The results suggest that labor-managed firms are not less efficient or less productive than capital-managed firns. Labor-managed firms have lower...
Persistent link: https://www.econbiz.de/10010803523
The magnitude of the value of a statistical life (VSL) is critical to the evaluation of many health and safety initiatives. To date, the large and rigorous VSL research literature has not explicitly accommodated publication selectivity bias (i.e., the reduced probability that insignificant or...
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