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A Model for Determining Optimal Profit Sharing Plans**

Published online by Cambridge University Press:  19 October 2009

Christoph Haehling von Lanzenauer
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Extract

The concept of profit sharing—whereby a company provides employees with a contribution above and beyond their regular wages based upon business profits—is very old indeed. Implementation of this concept is witnessed by the many profit sharing plans of all kinds in existence today. However, even though the concept is old and the use widespread, there is a complete void in published literature on the nature of optimal profit sharing plans. It is the purpose of this paper to investigate this subject.

Information

Type
Research Article
Information
Journal of Financial and Quantitative Analysis , Volume 4 , Issue 1 , March 1969 , pp. 53 - 63
Copyright
Copyright © School of Business Administration, University of Washington 1969

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References

Bellman, R., Dynamic Programming (Princeton, N. J.: Princeton University Press, 1957).Google Scholar
Gilman, N., Profit Sharing Between Employer and Employee, Boston, 1889.Google Scholar
Metzger, B., Profit Sharing in Perspective (Evanston, Ill.: Profit Sharing Research Foundation, 1966).Google Scholar