Handbook of the Economics of Finance
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脫繮的蛇肉堡2012-10-04The literature on employee involvement has focused on two questions: does employee involvement come at the expense of shareholders (reduce shareholder wealth), and if contracts are incomplete, is employee involvement efficient? There is little empirical evidence in support of the first question and, to our knowledge, no empirical evidence that would allow us to formulate an answer to the second question.