Accounting and Finance

Prof Andrew Robinson

Position:

Professor in Accounting and Finance

Email:amr@lubs.leeds.ac.uk
Telephone:+44 (0)113 343 4907
Location:2.10
Category:Academic, Accounting and Finance

Profile

Qualifications

PhD, Profit-sharing, Participation and Performance. The University of Bradford Management Centre,

MSc Economics. The University of York, 1991.

BA (Hons) Economics 1st Class Honours. The University of Lancaster.

Experience

Andrew Robinson is a professor in the Accounting and Finance Division of Leeds University Business School. After graduating from the University of Lancaster with a First Class Honours degree in Economics Andrew trained as a chartered accountant and held various positions at the University of Bradford Management Centre before joining the University of Leeds in 2001.

Andrew is internationally recognised for his work on incentives, governance and performance and is a leading exponent of research into employee share ownership, financial participation and firm performance. Andrew has acted as a consultant to leading international organisations - the European Parliament, the European Commission, the International Labor Office and the Organisation for Economic Cooperation and Development, on legislation and policy around financial participation notably on the development of a European model of financial participation. He is currently involved in series of European Commission sponsored programmes organised through the International Association for Financial Participation (IAFP) and the Employers Federation of Employee Share Ownership (EFES), as well as funded research projects with the French Ministry of Labour and the British Chamber of Commerce.

Research

Andrew is the author of over twenty-five refereed articles, 11 book chapters and over 10 major reports as well as a textbook on business and macroeconomics. He has published seven papers in ‘world elite’ 4 rated journals and his paper on the impact of workplace practices on labour productivity was voted one of the top 50 management papers of 2008. Andrew is known for his empirical work on large national and international datasets incorporating both financial and workplace data and the use of visual representations of statistical output.

Andrew has been awarded research contracts from both the corporate sector and academic funding bodies. His most recent work includes a project for Co-operative Development Scotland looking at the performance of employee-owned enterprises and he is currently involved in a long-term collaboration with the Chamber of Commerce aimed at providing more timely and relevant information on the performance and challenges facing the Yorkshire economy through their Quarterly Economic Survey. Most recently he has won funding from the French Ministry of Labour, Employment and Health to carry out an 18 month project which will empirically investigate the effect of financial participation schemes on remuneration and employment in France and the UK. This is in partnership with colleagues from the Université de Paris II where he is a visiting professor. Andrew has supervised dissertations across the Masters and Doctoral programmes and currently supervises four Phd students.

Funded Research Contracts

‘Why do companies use financial participation and what are the consequences on  earnings and employment? Evidence from France and the UK’, (with F. Fakhfakh & V. Perotin).
Le Minstere Du Travail, De L’Emploi et de al Sante, Direction de l'Animation de la Recherche, des Etudes et des Statistiques (DARES)
€35,750
, Co-Investigator, April 2011 – September 2012.

‘Economic Intelligence on the Challenges and Opportunities Facing the Yorkshire Region’. Higher Education Innovation Fund.
In partnership with Leeds, York and North Yorkshire Chamber of Commerce.
£17,320
(plus ‘in-kind’ funding from the Chamber of Commerce)
Principal Investigator, November 2010.

Funding for Visiting Professor at Université Panthéon-Assas, Paris II, France.
€3000 per annum
  2010&2011

‘Framework for Future Measurement of Performance in Employee- Owned Firms’ (with Pendleton, A.). Co-operative Development Scotland.
£21,500
, Co-investigator, January 2009

‘Collective Bargaining, Employee Participation and Firm Performance: A comparative empirical study of British, French and Japanese data’. (with Perotin, V. and Fakhfakh, F.). International Labour Office, Geneva, Switzerland. Comparative Study of Industrial Relations and Collective Bargaining.
$14, 000
, Co-investigator, August 2008.

Research project on Workplace Risk – Invited research visit and collaboration with Professor Clive Smallman, Lincoln University, New Zealand.
NZ$7,500
, Sole Recipient, 2008-09.

Data Collection and Evaluation of the EU Equal Project. Campaign for Learning.
£8,200
, Sole Recipient, 2005.

‘Analysis of Blueprint for Business Success’, (with Stuart, M). Campaign for Learning.
£6,000
, Co-investigator. May - July 2003

‘Equal Opportunities Practices and Performance in Small and Medium-Sized Enterprises’. (with Perotin, V. & Loundes, J.) International Labour Office, Geneva, Switzerland. InFocus Programme on Promoting the Declaration on the Fundamental Principles and Rights at Work.
$12,000
, Co-investigator, 2002.

‘Determinants of individual pay and firms’ pay structures in the Czech and Slovak Republics’.(with Prof Tor Erikson and Dr. Jaromir Gottvald) European Union Action for Co-operation in Economics (ACE) Programme.
€91,480
, Co-investigator, 1999-2000.

Invited research visit and consultant on a study being prepared on ‘Forms of employment and enterprise performance’, Cross-Departmental Analyses and Reports Team, International Labour Office, Geneva, Switzerland. 
€1000
, Sole recipient, 1999.

‘The Impact of Profit Sharing in Europe (IPSE)’. European Union (Human Capital and Mobility fund. This was part of a €250 000 project involving research teams from France, Italy (x2), Germany and the UK.
€20 000
, Co-investigator, 1995-1998

‘Empirical Analysis of the Performance of the UK Large Management Buy-Out Market’ Charterhouse Development Capital Limited.
£15,000
, Sole Recipient, 1996.

‘Profit Sharing in OECD Countries’, prepared for the Working Party on Employment, Organisation for Economic Co-operation and Development (OECD).
$12000, Co-investigator, 1995.

Teaching

Andrew has taught across a range of programmes – overseas, executive, postgraduate and undergraduate in economics, finance and accounting. He has experience in course development and design and in putting together distance learning material. Andrew strongly believes that teaching should challenge students and encourage them to think, question and develop their own views.

Student Feedback

  • 'Our lecturer is simply fantastic, I can't imagine any other tutor taking this course'
  • 'He is my best lecturer and certainly the best tutor/lecturer that has ever taught me, he goes the extra mile to ensure his students understand the topics'
  • 'Wonderful lecturer'
  • ‘A brilliant communicator who brought to life that which had previously been a considerably mystery’
  • ‘Energetic/interesting and provocative.

Publications

Refereed Articles

Employee Share Ownership and Human Capital Development: Complementarity in Theory and Practice (with A. Pendleton). Economic and Industrial Democracy, (forthcoming 2011).

‘Contingent work in the UK and Sweden: evidence from the construction industry’, (with Forde, C., MacKenzie, R., Cook, H.). Industrial Relations Journal, 41(6), 603-621. November 2010.

‘Employee Stock Ownership and Productivity: An Interaction Based Approach’, (with A. Pendleton). Industrial and Labor Relations Review, 64(1), 746-772. Oct 2010.

‘Built on shifting sands: Changes in employers' use of contingent labour in the UK construction sector’, (with Forde, C., MacKenzie, R.). Journal of Industrial Relations, 51(5), 653-667. 2009.

‘The Impact of Human Resource and Operational Management Practices on Company Productivity: A Longitudinal Study’, (with Birdi, K., Clegg, C., Patterson, M., Stride, C., Wall, T., Wood, S.). Personnel Psychology, 61, 467-501, 2008.
Winner : Emerald Management Reviews Citation of Excellence
Voted one of the top 50 papers in Management in 2008

‘Firm Foundations? Contingent Labour and Employers’ Provision of Training in the UK Construction Sector’, (with Forde, C., MacKenzie, R.). Industrial Relations Journal, 39, 5, 370-391. 2008.

‘Help Wanted? Employer Attitudes to Employment Agencies in the Construction Sector’, (with Forde, C., MacKenzie, R.) Employee Relations, 30(6), 679-698. 2008.

‘Financial Participation and Productivity: Insights from Stochastic Frontier Estimation’, (with Wilson, N.). Economic and Industrial Democracy, 27, 4, 609-635, 2006.

‘Employee Financial Participation and Productivity: An Empirical Reappraisal’, (with Wilson, N.). British Journal of Industrial Relations, 44, 1: 31- 50, 2006.

‘The Contemporary British Workplace: A Safer and Healthier Place To Work?’ (with Smallman. C.). Work Employment and Society, 20, 1, pp87- 107, 2006.

‘Employee Share Ownership: Safeguarding Investments in Human Capital’, (with Zhang, Hao). British Journal of Industrial Relations, 43, 3: 469-488, 2005.

‘Employee Participation, Firm Performance and Survival’, (with V. Perotin). Advances in the Economic Analysis of Participatory and Labour-Managed Firms, vol. 8, 2004.

‘Equal Opportunities Practices and Performance in Small and Large Enterprises: An Investigation on Australian and British Data’, (with Perotin, V & Loundes, J.) International Labor Review, vol 142, no. 4, 471-506, 2003.

‘Igualdad de oportunidades y productividad empresarial. Invesigacion comparada de Australia y Reinon Unido’, (with Perotin, V. & Loundes, J.). Revista Internacional del Trabajo, 122(4), pp.519-556, 2003.

‘Politiques d’Egalite des chances et resultants des enterprises: etude comparative de la situation en Australie et au Royaume-Uni’, (with Perotin, V. & Loundes, J.). Revue Internationale du Travail, 142(4), pp.509-546, 2003.

‘Specific Human Capital and Partial Employee Ownership: A Transaction Cost Analysis’, (with Wilson, N. & Zhang, Hao). Advances in the Economic Analysis of Participatory and Labour-Managed Firms, vol. 7, pp211-226, 2002.

‘Employee Participation and Equal Opportunities Practices: Productivity Effects and Potential Complementarities’, (with Perotin, V.). British Journal of Industrial Relations, vol38, no 4, pp557-584, 2000.

‘Performance Criteria of Corporate Option and Long-Term Incentive Plans: A Survey of 150 UK Companies 1994-1998’ (with Pass, CL, Ward, D.), Management Decision, vol38, no 2, pp130137, 2000.

‘A Comparative Paper on Profit-sharing and Productivity. Evidence from Britain, France, Germany and Italy’, (with Perotin, V.). Advances in the Economic Analysis of Participatory and Labour-Managed Firms, vol. 6, pp135-162. 1998.

‘The Incidence of Profit-Sharing in OECD Countries: A Review and Some Evidence’, (with Estrin, S., Perotin, V., Wilson, N.). Business Strategy Review. vol. 8, Issue 4, pp27-32. 1997.

‘Is Profit-Sharing the Answer?’, (with Perotin, V.)  Public Policy Research (formerly New Economy), vol 4, 2, pp112-116, 1997.

‘Employee Participation and Corporate Governance in Employee-Owned Firms’, (with Pendleton, A., Wilson, N.). Work, Employment and Society, vol. 10, no. 2, pp205-226. 1996

‘The Impact of Employee Share Ownership Plans (ESOPs) on Employee Participation and Industrial Democracy: A UK Study’, (with Pendleton, A., Wilson, N.). Human Resource Management Journal, vol.5, no. 4, pp44-60. 1995.

‘Does Employee Ownership Weaken Trade Unions; Evidence From the UK Bus Industry’, (with Pendleton, A., Wilson, N.). Economic and Industrial Democracy, vol. 16, no.4, pp577-605, 1995.

‘Co-operative vs. Private Firms: An Empirical Comparison of Cooperative and Private Small Firms in Britain’, (with Wilson, N.) International Business Review, vol. 2, no. 3, pp. 281-296. 1994.

 

Books, Book Chapters and Reports

Books

Business and Macroeconomics’. (with Pass, C. & Lowes, B.)
International Thomson Business Press, London and New York, 301 pp, 1995.
ISBN 0-415-12399-2 / 186152207X.

 

Book Chapters

‘Workplace Change and Productivity: Does Employee Voice Make a Difference?’ (with  F. Fakhfakh and V. Perotin) in Susan Hayter, International Labor Office, Negotiating Decent Work, Palgrave Macmillan (forthcoming 2011).
To mark the 60th Anniversary of the Right to Organise and Bargain Collectively.

‘Risk as Workers Remembered Utility’ (with C. Smallman) in Simon Bennett (editor), Innovative Thinking in Risk, Crisis and Disaster Management, Gower Press (forthcoming 2011)

‘From Fringe to Mainstream? A Portrait of Employee Benefit Provision in Britain’ (with Hudson, R.), in M. Vartiainen, C. Antoni, X. Baeten, N. Hakonen, R. Lucas and H. Thierry (eds) Reward Management – Facts and Trends in Europe, Pabst Science Publishers, 2008.

‘Equal Opportunities and Productive Efficiency in the Workplace: Fairness, Employee Participation and the Firm’, (with Perotin, V.), in Dan Coffey and Carole Thornley (eds.) Industrial and Labour Market Policy and Performance: Issues and Perspectives, Routledge, London, 2003.

‘Post-Transition Analysis of Public and Private Sector Wage Differentials in the Czech and Slovak Republics’, (with Planovsky, J.) in Gottvald (ed), Determinants of Individual Pay and Firm’s Pay Structures in the Czech and Slovak Republics, Vysok Skola Banska, Ostrava, 2002.

‘Performance-related pay (with reference to profit-sharing)’, in J. Michie (ed) A Reader’s Guide to the Social Sciences, Fitzroy Dearborn, 2002.

‘Unhealthy Attitudes that Endanger Good Performance’, (with Smallman, C. John, G.) in James Pickford (ed), Mastering Risk Volume 1: Concepts, p152-156, Financial Times, Prentice Hall, 2001.

‘Les Contextes Nationaux: Quatrieme Chapitre Royaume-Uni’ (with Pendelton, A.) in Cahier Travail et Emploi, Le Partage Du Profit En Europe, Institutions et effets compares par le reseau IPSE. Minister de L'emploi et de la Solidarite. 1997.

‘Analyses Comparatives: Septieme Chapitre, Effets Sur L'efficience Productive’, (with Perotin, V.) in Cahier Travail et Emploi, Le Partage Du Profit En Europe, Institutions et effets compares par le reseau IPSE. Ministere de L'emploi et de la Solidarite. 1997.

‘Profit Sharing in OECD Countries’, (with Estrin S., Perotin, V. Wilson, N.). Published in OECD Employment Outlook 1995, Part II: Key Issues in Labour Market and Social Policies, Chapter Four, pp139-169.ISBN: 10:9264144706 / 13:987-9264144705.

‘Employee Ownership and Corporate Performance’ (with Wilson, N.) in Wilson (ed), ESOPs : Their Role in Corporate Finance and Performance, Macmillan, September 1992.

 

Published Reports

‘Training, union recognition and collective bargaining: findings from the 2004 workplace employment relations survey. unionlearn Research Paper No.4  London: unionlearn/TUC (with Stuart, M.) 24pp. 2007

‘Equal Opportunities Practices and Enterprises Performance: An Investigation on Australian and British Data’, (with Perotin, V.A.T.; Loundes, J.) Working Paper no. 14, International Labour Office; InFocus Programme on Promoting the Declaration on the Fundamental Principles and Rights at Work.2003.

‘Employee Participation in Ownership and Profit. A Review of the Issues and Evidence’, (with V. Perotin) European Parliament Working Paper, No. SOCI109EN, Social Affairs Series, Directorate-General for Research. 2002. ISBN: 92-823-1719-6

‘Participation aux bénéfices et actionnariat salarié: les éléments du débat’ (with V. Perotin) Document de Travail du Parlement Européen, n° SOCI109FR, Série Affaires sociales, Direction générale des Etudes, 2002. ISBN: 92-823-1720-X

‘Arbeitnehmerbeteiligung an Gewinn und Kapitalö Ueberblick über Fragen und Befunde’, (with V. Perotin) Europäisches Parlament Arbeitsdokument, SOCI109DE, Generaldirektion Wissenschaft,  2002. ISBN: 92-823-1718-8

‘Profit Sharing in OECD Countries’, (with Estrin S., Perotin, V. Wilson, N.). Report prepared for the Working Party on Employment, Organisation for Economic Cooperation and Development.

Published in OECD Employment Outlook 1995, Part II: Key Issues in Labour Market and Social Policies, Chapter Four, pp139-169.ISBN: 10:9264144706 / 13:987-9264144705.

 

Major Reports

‘Framework for Future Measurement of Performance in Employee-owned Firms’ Report for Co-operative Development Scotland (with Andrew Pendleton and Jane Suter). June 2009.

Workplace Change and Productivity: Does Employee Voice Make a Difference?  Report prepared for the ILO Technical Workshop on “Negotiating Decent Work, Geneva, 30-31 March 2009 (with F. Fakhfakh and V. Perotin).

‘Blueprint to Business Success: Survey of Successful Businesses’, (with Stuart M)
Report prepared for the Campaign for Learning. 67pp. 2003

‘Equal Opportunities Practices and Performance in Small and Medium-Sized Enterprises’, (with Perotin, V. and Loundes, J.). Background paper prepared for the 2004 International Labour Office Global Report for the Elimination of Discrimination. (published as ILO working paper). 2003.

‘Employee Participation in Profit and Ownership: A Review of the Issues and Evidence’, (with Perotin V.)
Only invited background paper prepared for consideration by the Members of the European Parliament as part of their deliberations about European-wide legislation on employee participation in ownership and profits, 2002 (published as European Parliament Working Paper)

‘Yorkshire Regional Economic and Business Survey’, (with Pike, R). Sponsored by for Price Waterhouse. Published twice yearly in ‘The Yorkshire Post’. 1996-97.

‘Empirical Analysis of the Performance of the UK Large Management Buy-Out Market’.
Charterhouse Development Capital Limited. 1996

‘Profit Sharing in OECD Countries’, (with S. Estrin, V. Perotin, and N. Wilson)
Report prepared for the Working Party on Employment, Organisation for Economic Cooperation and Development, 1995 (subsequently published in OECD Employment Outlook, 1995).

Report on Workforce Skills within Museums and Galleries (with Wilson, N). Department of Trade and Industry.

Report on Employee Attitudes Towards Employee Ownership and Participation.(with N. Wilson) The Baxi Partnership Ltd. Dec 1993.

 

Other Research Publications

‘Changes in Employers’ Use of Contingent Labour: Evidence from the Construction Sector’, (with MacKenzie, R. and Forde, C.). Bollettino Adapt, Edizione Speciale, NO. 49, Associazione per gli Studi Internatnazionali e Comparati, ‘Marco Biagi’, pp10-12. Oct 2006.

‘Towards A Healthy Workplace’ (with Smallman, C.) The Cambridge Business Bulletin, Issue 4, Lent 2001, pp2-3.

‘World Recession - Fact or Fiction’, The World Fact Book, Guinness Publishing Ltd, pp9-11. May 1994.

‘Influencing Strategic Decisions: Worker Directors in UK Bus Companies’, (with Pendleton, A., Wilson, N.). Management Research News, vol. 16, 5/6, pp25-27, 1993.

 

Invited Papers / Keynote Addresses

The Economic effects of multiple incentive schemes’, National Institute for Economic, and Social Research (NIESR), Centre for Economic Performance (CEP) & British Academy Workshop, The Economics of Share Ownership and Incentive Pay: Findings and Policy Implications, May 2011.

Invited academic expert on European Commission funded project organised by the International Association for Financial Participation (IAFP) - Financial Participation: A Tool for Better Social Dialogue and Better Corporate Governance (Application Ref No.: VP/2009/010/0151)            

  • Role of Financial Participation in Pensions and Maintaining the Standard of Living of Retiring Workers.(Dublin, April, 2010)
  • Financial Participation in SMEs (Den Haag, Netherlands, September, 2010)
  • The Role of Financial Participation and Corporate Re-structuring (Rome, September, 2010)
  • European Conference of Experts (Brussels, October 2010).

Invited academic expert on European Union (Belgian Presidency) funded project organised by the European Federation of Employee Share Ownership (EFES) - Ten years of public policies for employee ownership in Europe - past, present, future.
(Brussels, November, 2010)

Employee Stock Ownership and Productivity: An Interaction Based Approach’, Université Panthéon-Assas, Paris II, June 2010.

Workplace Change and Productivity: Does Employee Voice Make a Difference? ILO Technical Workshop on “Negotiating Decent Work”, Geneva, 30-31 March 2009.

Employee Share Ownership, Human Capital and Competition’, University of Newcastle, March 2007.

Invited by the International Association for Financial Participation (IAFP) and the European Commission to a conference of ‘experts in financial participation’ to comment on a ‘Model Plan for Financial Participation in the European Union’, Brussels 2005.

Firm Foundations? Contingent Workers and Employers’ Provision of Training in the UK Construction Sector’. Plenary Paper presented at the Second International Conference on Training Employability and Employment, Monash University, Prato, Italy, 21st – 23rd September, 2005.

Participation, Human Rights, and Performance’.
Keynote address to the 10th Conference of the International Association for the Economics of Participation Trento, Italy; 2000

Profit-Sharing in Europe, Research of the IPSE research network’,
Keynote Speaker at the French Ministry of Labour and Employment Conference on Profit-Sharing, Paris, December 1997.

Profit-Sharing in OECD Countries(with S. Estrin, V. Perotin, and N. Wilson).
25th Meeting of the Working Party on Employment, Organisation for Economic Cooperation and Development, Chateau de la Muette, Paris, April 1995

The Effects of Employee Share Ownership on Employee Attitudes: Job Satisfaction, Organisational Commitment and Intent to Turnover.
Paper presented at the French Ministry of Labour, Paris, Sept 1992.

 

Other Selected Conference Papers (post 2000)

Exploring occupational and marital status effects on the gender pension gap’, (with J. Gardiner). Work, Employment and Society 2010 Conference. Managing Uncertainty: A New Deal? International challenges and the changing face of work. Brighton Business School, September 2010

The Case for Low-Powered Incentives’, (with Andrew Pendleton), 15th World Congress of the International Association for the Economics of Participation (IAFEP), Université Panthéon-Assas, Paris II, 8–10 July 2010.

Gender inequalities in private pension wealth in England: Evidence from the English Longitudinal Study of Aging (ELSA) Survey’ (with Jean Gardiner) XVII ISA World Congress of Sociology, Gothenburg, Sweden, 11-17th July 2010.

Employee Share Ownership, Employee Voice and Labour Productivity: Evidence on the Complementarities Thesis’ (with A Pendleton) 15th World Congress of the International Industrial Relations Association, Sydney, Australia, August 2009.

Contingent work in construction: results from a two country study’ (with C. Forde and R. MacKenzie) 15th World Congress of the International Industrial Relations Association, Sydney, Australia, August 2009.

Employee Stock Ownership and Productivity: An Interaction Based Approach’, (with Pendleton, A.). A Global Perspective on the Prevalence, Importance and Influence of Shared Capitalism Symposium, Session 1483. Academy of Management Conference, Anaheim, U.S.A., August 2008.

Risk as Workers Remembered Utility in the New Economy’, (with Smallman, C.). The New Economy: Critical Perspectives, Session 871, Academy of Management Conference, Anaheim, U.S.A., August 2008.

Employee Share Ownership and Productivity: The Moderating Effect of Employee Voice’, (with Pendleton, A.), The 22nd Association of Industrial Relations Academics of Australian and New Zealand (AIRAANZ) Conference, Melbourne, Australia, 6-8 February 2008.

Which Firms Use Employee Benefits and Why? An Empirical Analysis of the Characteristics of British Workplaces and Employee Benefit Plans’, (with R. Hudson).  1st European Reward Management Conference, EIASM, Brussels, Belgium, December 2007.

Changes in employers’ use of labour, (with MacKenzie, R & Forde, C.). Paper presented at the 14th World Congress of the International Industrial Relations Association, Universidad de Lima, Peru, September 11-14, 2006.

Employers’ use of Contingent Labour: Evidence from the UK Construction sector’, (with MacKenzie, R & Forde, C.). Paper presented at the 56th BUIRA Annual Conference, 30TH June 2006, National University of Ireland, Galway.

Help Wanted? Employer Attitudes to Employment Agencies in the Construction Sector, (with MacKenzie, R & Forde, C.). Paper presented at the 55th BUIRA Annual Conference, University of Northumbria, 7th-11th September, 2005.

Employee Ownership and Firm-Specific Human Capital’, (with H.Zhang and N. Wilson). Presented at 11th Conference of the IAFEP, Brussels, July 2002.

High Involvement Work Practices and Health and Safety (with C.Smallman). Presented at EGOS Conference, Lyon, 2001.

‘The Healthy Workplace?’ (with Smallman, C.) Presented at the First Meeting of the WERS98 User Group, National Institute of Social and Economic Research, London, 3rd March 2000.