[coxmichael]

I’d wager that’s more to do with raising finance than organisational productivity, but I’m not aware of any actual research on something of that scale or even how to accurately study those effects without it turning into more of a qualitative theory.

Still, it’s quite an interesting possibility worth pursuing in my opinion. (Full disclosure, I work for a small nominally employee-owned company, and have mixed thoughts about how it works in practice).