scheme that promised monthly bonuses to all 35,000 hourly em-ployees if the company achieved a firm-wide performance goal. Con-ventional wisdom suggests that free riding will render such schemes ineffective. We present evidence indicating that the incentive scheme raised employee performance despite the apparent threat of free rid-ing. To explain why the scheme may have been effective we argue that the organization of employees into autonomous work groups enabled Continental to induce mutual monitoring among employees within each work group. I.

Investor and worker response to corporate downsizing of ESOP companies: Wealth effects, productivity, and performance

The research site of this study is a successful example of a workplace run by employees in the Turkish Republic of Northern Cyprus. That is what makes it attractive area of research. Despite the numerous studies conducted on the subject of employee ownership, it is still appears to be an unexplored field. This study attempts to reveal the impact of employee ownership on job satisfaction by analyzing the expectations that employees have towards their job, and also examines the level of job satisfaction and how these expectations affect job satisfaction. In the study, 69 employees of Dome Hotel were interviewed, and the short form of the Minnesota Satisfaction Questionnaire was employed as an instrument for measuring expectations and satisfaction. Results of the study showed that overall employees are quite satisfied working in the hotel, even though their expectations are quite higher that their level of satisfaction. Employees are more satisfied with

The purpose of this research was to determine the extent to which a company’s employee management strategy impacts firm financial performance. In essence, does the extent of a firm’s compensation package, its human relations strategy, and/or its ability to challenge and motivate employees affect the enhancement of firm value? The theoretical foundation for this research derives from the stakeholder-agency concept of the firm. The results of previous empirical studies, while mixed, tend to suggest that, in some cases, ESOPs, profit sharing plans, and progressive people management strategies have a positive effect on limited measures of financial performance. This study improved upon previous work by using excess value, a superior market-based measure of firm financial performance, and extensive combinations of personnel management variables as well as control variables. Within the limitations of the study, the general conclusion of this research is that employee management strategy does impact firm financial performance. The appropriate strategies, however, for the most part, seem to be industry specific. Opportunities for future research are definitely available. INTRODUCTION & LITERATURE REVIEW The purpose of this research is to determine the extent to which a company’s employee management strategy impacts firm financial performance. In essence, does the extent of a firm’s compensation package (profit sharing,

This publication reports on a study exploring how prospective English teachers view literature and how they think literature is taught and learned. The study is based on an extensive interview protocol, the "Understanding Literature for Teaching Interview. " The protocol consists principally of a series of tasks, such as developing sample lessons and tests, designed to elicit the students views ' on literature (including evaluation of various texts as literature, discussion of a literary text or author, text analysis, and critical theory) and views on teaching (teaching text analysis and critical theory, text selection, assessing pupil knowledge and understanding, and teaching strategies and scenarios). In carrying out these tasks, prospective teachers draw on their knowledge and understanding of literature and of the teaching of literature. As well as being useful for collecting data on prospecti e teachers ' knowledge and understandings, the tasks have