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The determinants of employee ownership plan implementation in EU countries - the quest for economic democracy
Ricardo Machado, 2016, izvirni znanstveni članek

Opis: Background and purpose: Kelso’s quest to identify the economic counterpart of political democracy and, as a corollary, his concern about the nature of the economic system’s organisation needed to support the institutions of a politically free society, contributed two important terms: economic power and democracy. Following Kelso’s reasoning, my research study aims to understand the determinants of the implementation of economic democracy, measured by the incidence of employee share ownership plans, within European Union countries. Methodology: Setting out with the theory of one of the founding fathers of employee stock ownership plans, I perform a cross-country analysis spanning five years (2008-2012) to explain the incidence level of employee ownership by independent variables operationalizing the political, legal, socio-educational and economic structures of twenty European Union countries. Using secondary data from the European Federation of Employee Share Ownership, I explain the determinants’ pertinence, while accounting for severe data limitations. Results: I report a strong correlation between employee ownership incidence and the index of economic freedom. However, the labour market’s freedom, the trustworthiness of and confidence in financial markets and the quality of secondary and tertiary education do not deliver clear-cut results. Conclusion: Further research should comprehensively scrutinise country-specific factors regarding corporate governance issues and cross-cultural controls. Employee ownership researchers should consider this field of research to understand why countries that are so-called employee ownership champions are experiencing widening income inequality.
Ključne besede: employee ownership, economic democracy, free markets, economic freedom, equity markets
Objavljeno: 22.01.2018; Ogledov: 406; Prenosov: 68
.pdf Celotno besedilo (469,44 KB)
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Aloisius Paulin, 2015, doktorska disertacija

Opis: The present doctoral thesis develops a pioneering system for the self-management of jural eligibilities by means of ICTs as the basis for a novel form of government of juropolitical societies. By means of this system we aim to contribute towards a form of government that would not require a dedicated civil service for the creation, storage, change, and deletion of jural eligibilities in the context of the res publica. In the thesis we explore the concept of jural relations as the atomic links of governmental systems, the composition of the jural relations as such, as well as the role of the jural subjectivity as a crucial component for creating complex systems of jural relations that serve as the underlying structures of juropolitical systems. We then walk through the history of the civil service – the bureaucratic machine, as Banfield called it, to understand its role and implications on the course of civilization, up till present time, where we discuss the impacts of ICTs on the development of the bureaucratic machine as such. We argue that the changes which ICTs so far brought to the government sector through what is known as e-government, e-democracy, and e-governance respectively, are based on unsustainable artefacts and hence there are strong reasons for them to be considered more of a burden to future generations, rather than a source of relief. Based on the implications of the so explored context we describe a model for an information system that would enable self-managed creation and determination of jural eligibilities, and thus self-managed government of juropolitical societies as such. We call this model Sustainable Non-Bureaucratic Government (SNBG). SNBG bases on a network of electronic registries, which store jural facts, from which eligibilities can be derived through a dedicated mechanism, which we call constellation-based reasoning (CBR). CBR bases on a purposely developed fine-grained data access control mechanism, which does not rely on predefined accessor roles, but dynamically enables / disables access to data based on the context of the request and the context of the data stored in the accessed registry. As such, CBR is purposely designed to support changing the rules of access to the stored data by means of collaborative decision making, as such is required in the political legislative context, whereby the rules that regulate such decision making, are again governed by the very same system, which ensures full flexibility of the SNBG system to fluidly undergo at design-time unpredictable transitions that would happen through time. This feature amongst others then, assures the system’s sustainability. We describe the architecture and the stakeholders of SNBG, as well as auxiliary constructs for planning and communicating regulations which make-up the CBR rules. We define the functional characteristics that instances of the electronic registries must satisfy in order to assure sustainability and to be applicable in the juropolitical context in accordance with core jural principles (and in order to avoid the mistakes as conducted in the course of development of e-government artefacts). Then, we describe the instantiation of a prototype SNBG system, i.e. the instantiation of a respective electronic registry that provides CBR-based access to the underlying data stored in a relational database. We evaluate this prototype instantiation based on three demo applications, which prove its technical feasibility in different scenarios. Finally, we evaluate the SNBG model in four different real-world scenarios to argue for its feasibility in crucial governance situations.
Ključne besede: unsustainability of e-government, self-management of jural relations, computability of jural eligibilities, non-bureaucratic government, collaborative decision making, liquid democracy, fine-grained data access control, fair non-repudiation, digital identity
Objavljeno: 04.06.2015; Ogledov: 1205; Prenosov: 31
.pdf Celotno besedilo (11,06 MB)

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