Shared Capitalism at Work

Shared Capitalism at Work
Author: Douglas L. Kruse
Publisher: University of Chicago Press
Total Pages: 433
Release: 2010-06-15
Genre: Business & Economics
ISBN: 0226056961

The historical relationship between capital and labor has evolved in the past few decades. One particularly noteworthy development is the rise of shared capitalism, a system in which workers have become partial owners of their firms and thus, in effect, both employees and stockholders. Profit sharing arrangements and gain-sharing bonuses, which tie compensation directly to a firm’s performance, also reflect this new attitude toward labor. Shared Capitalism at Work analyzes the effects of this trend on workers and firms. The contributors focus on four main areas: the fraction of firms that participate in shared capitalism programs in the United States and abroad, the factors that enable these firms to overcome classic free rider and risk problems, the effect of shared capitalism on firm performance, and the impact of shared capitalism on worker well-being. This volume provides essential studies for understanding the increasingly important role of shared capitalism in the modern workplace.

Profit Sharing and Gain Sharing

Profit Sharing and Gain Sharing
Author: J.L. Kellogg Graduate School of Management
Publisher: Metuchen, N.J. : IMLR Press, Rutgers University : Scarecrow Press
Total Pages: 200
Release: 1990
Genre: Business & Economics
ISBN:

"...contains a great deal of data and some interesting ideas...a very good job of pointing out what is required to get maximum advantage of gain sharing and profit sharing, as well as the reasons for the failure of most of the plans." --PERSONNEL PSYCHOLOGY

The Origins of Economic Democracy

The Origins of Economic Democracy
Author: Michael Poole
Publisher: Routledge
Total Pages: 202
Release: 2017-09-29
Genre: Business & Economics
ISBN: 1351391089

This work, originally published in 1989, examines a highly important phenomenon: the growth of profit-sharing and share-ownership schemes for employees within the company. The Origins of Economic Democracy traces the origins and developments of such schemes internationally, and presents an explanatory framework for understanding their emergence. Both legislation and economic conditions play key roles in determining the popularity of such schemes for companies and their employees. The subject of profit-sharing is of vital importance to companies endeavouring to improve their financial performance while increasing the degree of job satisfaction and organizational loyalty of staff members.

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

Profits for All?

Profits for All?
Author: Agustin J. Ros
Publisher: Nova Publishers
Total Pages: 172
Release: 2001
Genre: Business & Economics
ISBN: 9781590330616

Profits for All? - The Cost & Benefits of Employee Ownership

Do Workers Gain by Sharing?

Do Workers Gain by Sharing?
Author: Douglas Kruse
Publisher:
Total Pages: 68
Release: 2008
Genre: Employee ownership
ISBN:

This paper examines how shared capitalism compensation systems - those that link employee pay to company performance - affect diverse employee outcomes. It uses two data sets: the national GSS survey that provides a broad representative view of the extent of the programs; and the NBER Shared Capitalism Project surveys of workers in 14 companies that use shared capitalism programs extensively. We find that greater involvement in the programs is generally linked to greater participation in decisions, higher quality supervision and treatment of employees, more training, higher pay and benefits, greater job security, and higher job satisfaction. We also find positive interactions of shared capitalism with high-performance policies in predicting participation in decisions and overall job satisfaction, and negative interactions of shared capitalism with close supervision in affecting almost all of the outcomes. Overall the results support the idea that workers can gain by sharing, but whether this happens is contingent on other workplace policies.

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)