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Human-capital investments and productivity

Article Abstract:

The effects of human capital investments, such as on-the-job training and education, on productivity are examined by creating a model using data from the National Center on the Educational Quality of the Workforce National Employers' Survey. Results show a relationship between employee training, recruitment strategies and labor turnover to productivity. On the other hand, the roles of total quality management and benchmarking were found to be insignificant.

Author: Black, Sandra E., Lynch, Lisa M.
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1996
Models, Employee recruitment, Employee training, Human capital

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The productivity effects of employee stock-ownership plans and bonuses: evidence from Japanese panel data

Article Abstract:

The effects of employee stock ownership plans (ESOP) and bonus systems on workers' productivity was examined by studying the productivity gains of major Japanese manufacturing firms. The methodology used were the ordinary least squares and the Cobb-Douglas case which both used a dummy variable. It was discovered that ESOP increased productivity from 4% to 5% with a productivity payoff of 3-4 years.

Author: Kato, Takao, Jones, Derek C.
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1995
Research, Employee stock ownership plans

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Executive turnover and firm performance in China

Article Abstract:

Relationship between chief executive officer departure and stock market performance is analyzed.

Author: Long, Cheryl, Kato, Takao
Publisher: American Economic Association
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 2006
China, Management dynamics, Analysis, Management, Appointments, resignations and dismissals, Chief executive officers, Company business management, Stock markets, Stock market, Labour turnover, Business performance management

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Subjects list: Economic aspects, Labor productivity, Employee turnover
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