The Effects of Worker Participation, Employee Ownership and Profit Sharing on Economics Performance
Author: Derek C. Jones
Publisher:
Published: 1988
Total Pages: 42
ISBN-13:
DOWNLOAD EBOOKPosts
Shared Capitalism at Work
Author: Douglas L. Kruse
Publisher: University of Chicago Press
Published: 2010-06-15
Total Pages: 433
ISBN-13: 0226056961
DOWNLOAD EBOOKThe 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.
The Impact of Economic Democracy (Routledge Revivals)
Author: Michael Poole
Publisher: Routledge
Published: 2013-12-19
Total Pages: 179
ISBN-13: 1317829557
DOWNLOAD EBOOKFirst published in 1990, this work examines the link between the economic performance of companies and profit sharing. The relationship is a complex one: industrial relations may be improved by schemes, but good employers are likely to introduce profit sharing in any case; and though attitudes to work do change, schemes have more immediate impact on satisfaction an communications than on productivity and effort put into work.
Creating a Bigger Pie?
Author: Joseph R. Blasi
Publisher:
Published: 2008
Total Pages: 58
ISBN-13:
DOWNLOAD EBOOKThis paper uses data from NBER surveys of over 40,000 employees in hundreds of facilities in 14 firms and from employees on the 2002 and 2006 General Social Surveys to explore how shared compensation affects turnover, absenteeism, loyalty, worker effort, and other outcomes affecting workplace performance. The empirical analysis shows that shared capitalism has beneficial effects on all outcomes save for absenteeism and that it has its strongest effects on turnover, loyalty, and worker effort when it is combined with: a) high-performance work policies (employee involvement, training, and job security), b) low levels of supervision, and c) fixed wages that are at or above market level. Most workers report that cash incentives, stock options, ESOP stock, and ESPP participation motivate them to work harder. The interaction of the effects of shared capitalism with other corporate policies suggests that the various shared capitalist and other policies may operate through a latent variable, "corporate culture".
The Real World of Employee Ownership
Author: John Logue
Publisher: Cornell University Press
Published: 2018-09-05
Total Pages: 264
ISBN-13: 1501728245
DOWNLOAD EBOOKUsing 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.
People's Capitalism?
Author: Lesley Baddon
Publisher: Routledge
Published: 2017-09-22
Total Pages: 266
ISBN-13: 1351361619
DOWNLOAD EBOOKFirst published in 1989. In the decade before this book was originally published, employee share ownership and profit sharing had increased markedly as successive governments introduced fiscal legislation promoting their uses. Yet how successful had ‘people’s capitalism’ been? The Glasgow study was a major empirical investigation into this issue and was a response to the need for an independent assessment. It discusses how attitudes to ownership had changed and how these, in turn, related to attitudes to work. It also addresses the implications of profit sharing and employee share ownership for industrial relations both for individual companies and at a national level.
Employee Ownership
Author: Michael Conte
Publisher:
Published: 1981
Total Pages: 82
ISBN-13:
DOWNLOAD EBOOKA New Conceptual Framework for the Analysis of the Impact of Employee Participation, Profit Sharing and Ownership on Firm Performance
Author: Avner Ben-Ner
Publisher:
Published: 1992
Total Pages: 40
ISBN-13:
DOWNLOAD EBOOKEmployee Participation, Firm Performance and Survival
Author: Virginie Perotin
Publisher: Elsevier
Published: 2004-07-06
Total Pages: 253
ISBN-13: 0762311142
DOWNLOAD EBOOKThis latest volume of "Advances" contains a series of original and innovative empirical and survey papers that investigate theoretical and contemporary issues facing participatory organizations. The first four papers explore the growing area of participatory and labor-managed firms' survival. The second group of three papers offers a number of new approaches and insights into the performance effects of participatory firms, and the final group of papers provides a broad-ranging synthesis and assessment of the experience of employee ownership and participation in transition economies. Collectively, these nine papers truly constitute "Advances in the Economic Analysis of Participatory and Labor-Managed Firms".
The Origins of Economic Democracy
Author: Michael Poole
Publisher: Routledge
Published: 2017-09-29
Total Pages: 202
ISBN-13: 1351391089
DOWNLOAD EBOOKThis 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.
