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.

Understanding Employee Ownership

Understanding Employee Ownership
Author: Corey Rosen
Publisher: Cornell University Press
Total Pages: 255
Release: 2018-08-06
Genre: Political Science
ISBN: 150171872X

No detailed description available for "Understanding Employee Ownership".

The Real World of Employee Ownership

The Real World of Employee Ownership
Author: John Logue
Publisher: Cornell University Press
Total Pages: 264
Release: 2018-09-05
Genre: Political Science
ISBN: 1501728245

Using data from an extensive study of employee-owned companies in Ohio, where employee ownership is a well-developed trend, this book offers a strong empirical portrait of firms with Employee Stock Ownership Plans (ESOPs). It describes how these plans work and places their emergence and change in a historical context. John Logue and Jacquelyn Yates examine firms that have succeeded in employee ownership and those with failed plans. Some companies, they find, are committed to the concept of employee ownership, and others merely use ESOPs as a financing tool.Detailed information resulting from multiple surveys allows the authors to draw well-grounded conclusions regarding the question of why some employee-owned firms outperform others. The bottom line, they find, is that employee-owned firms that "do it all," implementing features such as employee participation and communication about finances, training, and cultural change, systematically outperform their conventional competitors. They also have an advantage over firms that understand employee ownership incompletely, if it all, and yet claim to adopt its methods.

Reimagining Capitalism in a World on Fire

Reimagining Capitalism in a World on Fire
Author: Rebecca Henderson
Publisher: PublicAffairs
Total Pages: 336
Release: 2020-04-28
Genre: Business & Economics
ISBN: 1541730135

A renowned Harvard professor debunks prevailing orthodoxy with a new intellectual foundation and a practical pathway forward for a system that has lost its moral and ethical foundation. Free market capitalism is one of humanity's greatest inventions and the greatest source of prosperity the world has ever seen. But this success has been costly. Capitalism is on the verge of destroying the planet and destabilizing society as wealth rushes to the top. The time for action is running short. Rebecca Henderson's rigorous research in economics, psychology, and organizational behavior, as well as her many years of work with companies around the world, give us a path forward. She debunks the worldview that the only purpose of business is to make money and maximize shareholder value. She shows that we have failed to reimagine capitalism so that it is not only an engine of prosperity but also a system that is in harmony with environmental realities, the striving for social justice, and the demands of truly democratic institutions. Henderson's deep understanding of how change takes place, combined with fascinating in-depth stories of companies that have made the first steps towards reimagining capitalism, provide inspiring insight into what capitalism can be. Together with rich discussions of important role of government and how the worlds of finance, governance, and leadership must also evolve, Henderson provides the pragmatic foundation for navigating a world faced with unprecedented challenge, but also with extraordinary opportunity for those who can get it right.

Incentivising Employees

Incentivising Employees
Author: Ingrid Landau
Publisher: Melbourne Univ. Publishing
Total Pages: 357
Release: 2013-02-01
Genre: Business & Economics
ISBN: 0522864104

Employee share ownership has the potential to generate a culture of enterprise and innovation, and build national wealth and savings. This book is the culmination of a multi-year research project funded by the Australian Research Council and represents the first detailed discussion of the theory, policy and practice of employee share ownership plans (ESOPs) in Australia. The topics examined in the book are key legal and policy issues relevant to ESOPs, the current incidence and forms of ESOPs in Australia, the corporate law and taxation law frameworks, why employers implement ESOPs and why employees participate in them, international comparisons, and recommendations for reform.

Making a Place for Community

Making a Place for Community
Author: Thad Williamson
Publisher: Routledge
Total Pages: 436
Release: 2014-06-03
Genre: Political Science
ISBN: 131779477X

When pundits refer to the death of community, they are speaking of a number of social ills, which include, but are not limited to, the general increase in isolation and cynicism of our citizens, widespread concerns about declining political participation and membership in civic organizations, and periodic outbursts of small town violence. Making a Place for Community argues that this death of community is being caused by contemporary policies that, if not changed, will continue to foster the decline of community. Increased capital flow between nations is not at the root of the problem, however, increased capital flow within our nation is. Small towns shouldn't have to hope for a prison to open nearby and downtown centers shouldn't sit empty as suburban sparwl encroaches, but they do and it's a result of widely agreed upon public policies.

Advances in the Economic Analysis of Participatory and Labor-Managed Firms

Advances in the Economic Analysis of Participatory and Labor-Managed Firms
Author: Jed DeVaro
Publisher: Emerald Group Publishing
Total Pages: 327
Release: 2011-09-20
Genre: Business & Economics
ISBN: 0857247603

Contains a stimulating collection of original papers spanning a variety of topics. This title contains three papers on the subject of job design and organizational performance, covering the determinants of multiskilling from a theoretical perspective and also the empirical effect of multiskilling and teams on financial performance.

Participation in the Age of Globalization and Information

Participation in the Age of Globalization and Information
Author: Panu Kalmi
Publisher: Emerald Group Publishing
Total Pages: 417
Release: 2006-01-05
Genre: Business & Economics
ISBN: 0762312785

Helps readers deliver practical policies to transform work world and society. This work consists of twelve articles. The first four papers relate to the growing literature on employee participation and firm performance. The second group of papers looks at the impact of ownership structures into managerial compensation and control.