Employee Ownership In the Americas. A path to shared prosperity

Employee Ownership In the Americas. A path to shared prosperity
Author: Gonzalo Hernández Gutiérrez
Publisher: ITESO
Total Pages: 443
Release: 2023-11-29
Genre: Business & Economics
ISBN: 607891040X

Employees helps improve lives and creates a more dynamic economy. Throughout the book, the authors analyze and demonstrate how models of shared ownership can serve as building blocks towards shared prosperity and help counter the growing income disparity faced by many nations. (ITESO), (ITESO, Universidad)

Democratizing the Corporation

Democratizing the Corporation
Author: Isabelle Ferreras
Publisher: Verso Books
Total Pages: 419
Release: 2024-03-19
Genre: Political Science
ISBN: 1804294543

Although contemporary Western societies refer to themselves as "democratic," the bulk of the population spend much of their lives in workplaces that have more in common with tyranny. Gigantic corporations such as Amazon, Meta, Exxon, and Walmart are among the richest and most powerful institutions in the world yet accountable to no one but their shareholders. The undemocratic nature of conventional firms generates profound problems across society, hurting more than just the workplace and contributing to environmental destruction and spiraling inequality. Against this backdrop, Isabelle Ferreras proposes a radical but realistic plan to democratize the private firm. She suggests that all large firms should be bicamerally governed, with a chamber of worker representatives sharing equal governance power with the standard board representing owners. In response to this proposal, twelve leading experts on corporate behavior from multiple disciplines consider its attractiveness, viability, and achievability as a "real utopian" proposal to strengthen democracy in our time.

The Citizen's Share

The Citizen's Share
Author: Joseph R. Blasi
Publisher: Yale University Press
Total Pages: 292
Release: 2013-11-26
Genre: Business & Economics
ISBN: 0300195060

The idea of workers owning the businesses where they work is not new. In America’s early years, Washington, Adams, Jefferson, and Madison believed that the best economic plan for the Republic was for citizens to have some ownership stake in the land, which was the main form of productive capital. This book traces the development of that share idea in American history and brings its message to today's economy, where business capital has replaced land as the source of wealth creation.div /DIVdivBased on a ten-year study of profit sharing and employee ownership at small and large corporations, this important and insightful work makes the case that the Founders’ original vision of sharing ownership and profits offers a viable path toward restoring the middle class. Blasi, Freeman, and Kruse show that an ownership stake in a corporation inspires and increases worker loyalty, productivity, and innovation. Their book offers history-, economics-, and evidence-based policy ideas at their best./DIV

Create Amazing

Create Amazing
Author: Greg Graves
Publisher: BenBella Books
Total Pages: 224
Release: 2021-04-27
Genre: Business & Economics
ISBN: 1953295231

Are you considering starting an Employee Stock Ownership Plan (ESOP) or converting your company to an ESOP? Or maybe making the big leap to a 100% employee-owned company? If you want your company to perform at its absolute peak and you want the people who make that happen (you included) to receive the ultimate financial return—that of an owner—Create Amazing is your practical field guide to creating an amazing company and leaving a great legacy. There are more than 10,000,000 employee owners in America today. The results of employees owning a piece of the pie has been proven throughout American history, even before ESOPs became IRS law in 1974. Employees with even a small capital interest in their firms' successes are more likely to stay, have greater loyalty and pride, are willing to work hard, and make more suggestions for improvement. Economic injustice caused by wealth disparity is quickly becoming the hottest debated topic in America especially in combination with the most regressive recession in America's history and the nation's hopeful new commitment to equalizing opportunities across all people. Employee ownership is not the only answer for economic justice but it can be a critical puzzle piece for tens of millions of Americans where the current inherent disadvantage of circumstance stands in their way. Create Amazing demonstrates how ownership can provide the ultimate competitive advantage to a growing company—and the nation. The vast majority of what's been published about employee ownership comes from academe—compelling research from Rutgers, the feds, and several national ESOP associations. Create Amazing puts ESOPs feet-on-the-ground, written by Greg Graves, a CEO who has walked the talk. Graves operated one of the most successful ESOPs in American history. Graves shares: • The history of employee ownership in America and the principles of its purpose • Why employee ownership is a viable solution fiscally and futuristically • What an ESOP is, what it does, and what's happening in Washington, DC, to promote this model • How ESOPs work, and how they're structured legally, fiduciarily, and financially • A deep dive into the impact of ESOPs on America and on employee owners personally If you're a business owner considering an ESOP start-up or transition to employee ownership, if you are a current employee owner who believes your firm can do more, or if you simply believe that our nation needs a shot of steroids to be both more productive and more just, this is the book that speaks from a real-world, executive-to-executive perspective about the process, the problems (and how to avoid them), and the deliverables. Create Amazing explores how employee ownership—done the right way—sparks an ownership mindset among employees and can be a catalytic force for economic prosperity and corporate endurance.

Corporate Governance in Contention

Corporate Governance in Contention
Author: Ciaran Driver
Publisher: Oxford University Press
Total Pages: 337
Release: 2018
Genre: Business & Economics
ISBN: 0198805276

Corporate governance is a complex idea that is often inappropriately simplified as a cookbook of recommended measures to improve financial performance. Meta studies of published research show that the supposed benign effects of these measures - independent directors or highly incentivised executives - are at best context-specific. There is thus a challenge to explain the meaning, purpose, and importance of corporate governance. This volume addresses these issues. The issues discussed centre on relationships within the firm e.g. between labour, managers, and investors, and relationships outside the firm that affect consumers or the environment. The essays in this collection are the considered selection by the editors and the contributors themselves of what are seen as some of the most weighty and urgent issues that connect the corporation and society at large in developed economies with established property rights. The essays are to be read in dialogue with each other, giving a richer understanding than could be obtained by shepherding all contributions into a single mould. Nevertheless taken together they demonstrate a shared sense of deep concern that the corporate governance agenda has been and still is on the wrong track. The contributors, individually and collectively, identify in this compendium both a research programme and a platform for change.

Investor Relations

Investor Relations
Author: William F. Mahoney
Publisher: New York Inst of Finance
Total Pages: 433
Release: 1991
Genre: British Columbia
ISBN: 9780136912545

Discusses the history, geography, and culture of the Canadian province of British Columbia.

Social Democratic America

Social Democratic America
Author: Lane Kenworthy
Publisher: Oxford University Press
Total Pages: 249
Release: 2013-12-03
Genre: Political Science
ISBN: 019932252X

America is the one of the wealthiest nations on earth. So why do so many Americans struggle to make ends meet? Why is it so difficult for those who start at the bottom to reach the middle class? And why, if a rising economic tide lifts all boats, have middle-class incomes been growing so slowly? Social Democratic America explains how this has happened and how we can do better. Lane Kenworthy convincingly argues that we can improve economic security, expand opportunity, and ensure rising living standards for all by moving toward social democracy. Drawing on his extensive knowledge of social policy in America and other affluent countries, he proposes a set of public social programs, including universal early education, an expanded Earned Income Tax Credit, wage insurance, the government as employer of last resort, and many others. Kenworthy looks at common objections to social democracy, such as the oft-repeated claim that Americans don't want big government, which he readily debunks. Indeed, we already have in place a host of effective and popular social programs, from Social Security to Medicare to public schooling. Moreover, the available evidence suggests that rich nations can generate the tax revenues needed to pay for generous social programs while maintaining an innovative and growing economy, and without restricting liberty. Can it happen? Kenworthy describes how the US has been progressing slowly but steadily toward a genuine social democracy for nearly a century. Controversial and powerful, Social Democratic America shows that the good society doesn't require a radical break from our past; we just need to continue in the direction we are already heading.