Profit-sharing and Industrial Co-partnership in British Industry, 1880-1920

Profit-sharing and Industrial Co-partnership in British Industry, 1880-1920
Author: Jihang Park
Publisher: Routledge
Total Pages: 401
Release: 2017-10-03
Genre: Business & Economics
ISBN: 1351391593

In this title, first published in 1987, the author discusses the economic and industrial circumstances in Britain under which profit-sharing and co-partnership came into being. He explores the merits and drawbacks of the system as both advocates and opponents saw them, the motivations of employers in introducing profit-sharing schemes, and the implementing of such notable schemes as that of Lever Brothers, a multinational corporation based in Britain. The author also assesses the role of profit-sharing and co-partnership in the development of modern management practices and industrial relations.

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.