A Meta-Analysis of the Financial Participation Impact on Firm Performance

Abstract

The theme of the financial participation and its relationship with firm performance continue to occupy an important place in the academic and professional literature. However, researches take many different perspectives that it is difficult to define a conceptual framework and results are often different questioning their generalization. In this research we propose a meta-analytic approach in order to evaluate the impact of the employees’ financial participation on firm performance. The results demonstrated a significant improvement in the economic and social performance of firms that share their profits with their employees.