ABSTRACT
DURING the past fifteen years there has been a growing tendency for the more enlightened of managements to attempt to bridge the gulf between employer and employed by encouraging employees to take a more personal interest in the fortunes of the enterprise for which they work. To this end greater cognizance is taken of the contribution made by employees and less conservatism is shown in the disclosure of information. Industrial relationships are invariably improved when the employer goes beyond the limit of giving his employees the minimum information necessary for the performance of their duties, and instead adopts a policy of filling in the background to management decisions. Some enterprises go further than this, and provide details of their financial position.
