Jones, Derek C.; Kalmi, Panu; Kato, Takao; Mäkinen, Mikko - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2008
population and almost 50% of the survey respondents. To study how HRM practices affect the level of firm productivity, we first … positive association with the HRM practices and the level of firm productivity. Perhaps more importantly, however, we find that … not all forms of employee financial and decision-making participation practices have favorable productivity effects …