Motives For Employee Profit Sharing Schemes In The U.S., U.K. And Canada

Daneshfar, Alireza; Simyar, Farhad; Rolleri, Michael; Wnek, Robert E.

doi:10.19030/iber.v9i10.634

Cited by 4 publications

(7 citation statements)

References 26 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Another type of agricultural financing is profit sharing among the stakeholders involved in the agricultural activities with several motives such as labor productivity, cost monitoring, and wage flexibility (Daneshfar et al, 2010). Labor productivity is achieved through higher employees motivation and involvement whereas monitoring system occurs because the employees could observe the actions of other employees.…”

Section: Research Frameworkmentioning

confidence: 99%

“…Figure 3 illustrates the structure of mudarabah Sukuk. In line with Daneshfar et al (2010) and Dusuki (2010), a profit sharing arrangement is proposed for the agricultural development in the research area as can be seen in Figure 4. The investor and the farmers/land-owners signed an agreement to utilize investor's fund for the agricultural development.…”

Section: Research Frameworkmentioning

confidence: 99%

“…Therefore, it is the interest of this research to explore a financing model for agricultural development to fairly treat these smallholder farmers. Daneshfar et al (2010) suggested that one of financing arrangement that give a fair treatment is profit sharing among the stakeholders involved in the agricultural activities. There are several motives for the adoption of profit sharing such as labor productivity, cost monitoring, and wage flexibility.…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

The Role of Sukuk Financing for Sustainable Development of Smallholder Farmers

Soeleman¹,

Lestari²

2015

AABFJ

View full text Add to dashboard Cite

The greatest advance made by mankind was probably the agricultural revolution that has been developed into agricultural development along with population growth in the forms of agricultural expansion and agricultural intensification. The global land grab driven by the acquisition of land has caused radical changes in the use and ownership of land and has important implications for equitable and sustainable development in which local people have been moved to marginal locations. To ensure that the agricultural activities are sustained, a balance of three concepts of people, planet, and profit (3P) are critical to achieve long term social, environmental, and economic issues. One of recently popular instruments to fairly treat the people is an equity based Sukuk in which profit will be shared based on pre-agreed ratio between the investors and the people involved. In term of conservation of planet, strategy in selecting the agricultural commodities and the timing of harvesting are critical. An investment decision-making process by using agricultural appraisal process is established to ensure that the agricultural activities are financially profitable. Abstract:The greatest advance made by mankind was probably the agricultural revolution that has been developed into agricultural development along with population growth in the forms of agricultural expansion and agricultural intensification. The global land grab driven by the acquisition of land has caused radical changes in the use and ownership of land and has important implications for equitable and sustainable development in which local people have been moved to marginal locations. To ensure that the agricultural activities are sustained, a balance of three concepts of people, planet, and profit (3P) are critical to achieve long term social, environmental, and economic issues. One of recently popular instruments to fairly treat the people is an equity based Sukuk in which profit will be shared based on pre-agreed ratio between the investors and the people involved. In term of conservation of planet, strategy in selecting the agricultural commodities and the timing of harvesting are critical. An investment decision-making process by using agricultural appraisal process is established to ensure that the agricultural activities are financially profitable.

show abstract

Section: Research Frameworkmentioning

confidence: 99%

Section: Research Frameworkmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

The Role of Sukuk Financing for Sustainable Development of Smallholder Farmers

Soeleman¹,

Lestari²

2015

AABFJ

View full text Add to dashboard Cite

show abstract

“…• United States: Profit-sharing schemes, on a voluntary basis, take on several forms in the United States: (i) the cash plan, under which contributions are paid directly to employees in the form of cash or stock; (ii) the deferred plan, which works as a supplementary insurance plan, so the share that the company credits to the plan can be made effective at the retirement, disability, death, etc. of the employee; (iii) and the combination plan, under which the employee can defer all or part of the profit-sharing allocation as in the deferred plan or can use it in cash (Daneshfar et al, 2010).…”

Section: … and A More Equal Distribution Of The Gainsmentioning

confidence: 99%

“…• Moreover, profit sharing could reduce firms' monitoring costs through the generation of peer pressure. Studies have shown that where there is a profit-sharing scheme, employees have an incentive to observe the actions of their peers because the behaviour of each employee has an impact on the output of the company and, therefore, on the earnings of the rest of the employees (Daneshfar et al ., 2010;Kandel and Lazear, 1992).…”

Section: … and A More Equal Distribution Of The Gainsmentioning

confidence: 99%