A paper co-authored by Derek Jones and Patrick Sen ’15 was recently published in the Journal of Participation and Employee Ownership.
In “Employee involvement, financial participation and firm performance,” Jones and Sen, along with Niels Mygind of Copenhagen Business School, presented the results of their study on whether performance is enhanced for firms that use employee involvement in decision-making and financial participation in an emerging market economy.
Using data from Estonian firms, the research showed that employee involvement alone had little impact. They also found that some forms of financial participation – employee ownership and profit sharing – did increase business performance.
Sen, who majored in economics at Hamilton, also worked on this topic for his senior thesis.