List of contributors. Foreword (D.C. Jones). Introduction (V. Perotin, A. Robinson). I. The survival of participatory firms. Does employee ownership enhance firm survival? (R. Park, D. Kruse, J. Sesil). Exclusion from employee ownership: Evidence from Estonian case studies (P. Kalmi). Early cooperative survival: The liability of adolescence (V. Perotin). Lessons from the history of democratic economic institutions: The case of the Southern U.S. (M. Klinedinst). II. Participation and firm performance. Motivating employee- owners in ESOP firms: Human resource policies and company performance (D. Kruse, et al.). The effects of profit sharing and employee share ownership on quits: Evidence from a panel of French firms. (F. Fakhfakh). Profit sharing, technical efficiency change and financial constraints (O.W. Maietta, V. Sena). III. Participation and the transition. Ownership and participation: A review of empirical evidence for transition economies (D.C. Jones). Privatization in Serbia: The difficult conversion of self-management into property rights (M. Uvalic).