The Impact of Employee Participation on Corporate Performance-An Empirical Study from Changde, China
Yan Gao 1,2 *
1 Ph.D. in Management, Shinawatra University, Bangkok, 12160, Thailand
2 College of Art, Hunan University of Arts and Science, Changde, 415000, China
Abstract: The era of the Internet economy is approaching. Chinese companies on the same platform as developed countries in the world urgently need to adopt advanced models of employee participation in management to improve the status of enterprise management. Huawei's project management, Alibaba's 271 assessment, and Haier's integration of people's bills brought vivid cases to the theoretical world. Through empirical research, we find that employee participation has a significant positive impact on corporate performance. Its impact path and management countermeasures are discussed in this paper.
Keywords: Employee participation; Corporate performance; Information sharing; Recommendations for adoption; Empowerment incentives