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1989

Business Organizations Law

Osgoode Hall Law Journal

Employee ownership--Law and legislation

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The Law Of Worker Ownership, Christopher S. Axworthy, David Perry Jul 1989

The Law Of Worker Ownership, Christopher S. Axworthy, David Perry

Osgoode Hall Law Journal

This article discusses Canadian, U.K., U.S., French, and Swedish models of worker ownership and the legal principles which apply to them. Based on the evidence that, in contrast to other traditional forms of workplace organization, worker participation in ownership and management gives rise to greater efficiency and productivity, lower employee absentee rates, greater job satisfaction, reduced need for managerial supervision, the lowest cost per job created and a democratic workplace, the article argues for comprehensive legislation to address the relevant issues surrounding worker ownership, so that worker co-operatives and other forms of worker ownership can reach their full potential in …