Employee participation rights in corporate governance : an economic rationale, a test of a leading theory, and some initial policy proposals / Stephen C. Smith -- Performance-related pay in Danish cooperative creameries / Morten Hviid -- Corporate governance and executive compensation in Bulgaria after mass privatization : evidence from new panel data / Derek C. Jones, Mark Klinedinst -- Workers cooperatives as an alternative competitive organizational form / Morris Altman -- Co-operatives in globalization : the advantages of networking / Isabelle Halary -- Positive externalities of organisation culture : the social integration of working adults with learning disabilities / Abraham Mukolo, Robert Briscoe, Agus Salim -- Guild socialism revisited, and its Yugoslav counterpart / Mario Ferrero -- What types of organizations benefit from team production, and how do they benefit? / Jed DeVaro, Fidan Ana Kurtulus -- Whither self-management? finding new paths to workplace democracy / David Ellerman -- The future of broad-based options : what research tells us / Corey Rosen -- The nature, scope and effects of joint labor-management committees in Japan / Takao Kato -- Employee ownership as a joint management-labor drive toward caring and sharing / Erik Maaloe.

This volume of Advances in the Economic Analysis of Participatory and Labor-Managed Firms consists of twelve original and innovative articles. The first four papers relate to the growing literature on employee participation and firm performance. The second group of papers looks at the impact of ownership structures into managerial compensation and control. The third set of papers analyzes the role of co-operatives in the changing economic environment. The three papers in the final section range from the historical perspective on participation to the role different forms of participation may play in the future. Together, these papers draw on the expertise of a number of leading thinkers in the area and promise the reader a challenge to help deliver practical policies to transform our work world and society. The series: is international in scope; and fills substantial gap in this field. Although its primary focus is economic, the editors welcome analytical studies from related fields.

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