ABSTRACT

Comprehensive funds are needed if every employee is to be able to obtain a share of the income as well as of the economic influence which a system of funds can provide. It is clear that the idea of funds linked to the firm has little support as far as administering the income is concerned. This is regarded as a task for a larger group than a firm's own employees. The other main task of the funds is to nominate members of boards, and in this respect, there is more freedom of choice as regards the level of organisation. It can even be argued that if the central clearing fund were also to nominate board members this would amount to an unnecessary and excessive degree of centralisation. Many of the issues in which the funds could participate, such as market knowledge, product development and job environment problems, are very heavily focused on the sector or industry.