Shared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-Based Stock Options (National Bureau of Economic Research Conference Report) - Softcover

 
9780226456676: Shared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-Based Stock Options (National Bureau of Economic Research Conference Report)
Softcover
ISBN 10: 0226456676 ISBN 13: 9780226456676
Publisher: University of Chicago Press, 2011

Synopsis

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.

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About the Author

Douglas L. Kruse is professor in the School of Management and Labor Relations at Rutgers University and a research associate of the National Bureau of Economic Research. Richard B. Freeman holds the Herbert Ascherman Chair in Economics at Harvard University and is a research associate of the NBER. He is the former director of the NBER Labor Studies program. Joseph R. Blasi holds the J. Robert Beyster Chair in the School of Management and Labor Relations at Rutgers University and is a research associate of the NBER.

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Publisher
University of Chicago Press
Publication date
2011
Language
English
ISBN 10 
0226456676
ISBN 13 
9780226456676
Binding
Paperback
Number of pages
431
Editor
Kruse Douglas L., Freeman Richard B., Blasi Joseph R.

Other Popular Editions of the Same Title

9780226056951: Shared Capitalism at Work – Employee Ownership, Profit and Gain Sharing, and Broad–based Stock Options (National Bureau of Economic Research Conference Report)

Featured Edition

ISBN 10:  0226056953 ISBN 13:  9780226056951
Publisher: University of Chicago Press, 2010
Hardcover