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Shared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-based Stock Options
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Shared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-based Stock Options (Paperback)

£34.50
Usually despatched within 2 weeks.

Synopsis

The historical relationship between capital and labor has changed radically 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.

BusinessBusiness & managementOwnership & organization of enterprisesEmployee-ownership & co-operativesBusinessEconomicsBehavioural economicsBusinessEconomicsEconomic systems & structuresBusinessEconomicsEconomics of industrial organisationBusinessEconomicsHealth economicsBusinessEconomicsLabour economicsEmployment & unemploymentBusinessEconomicsPolitical economyBusinessEconomicsWelfare economicsBusinessFinance & accountingFinanceInvestment & securitiesBusinessFinance & accountingFinancePensionsBusinessIndustry & industrial studiesConstruction & heavy industryConstruction industryBusinessIndustry & industrial studiesConstruction & heavy industryIron, steel & metals industriesBusinessIndustry & industrial studiesEnergy industries & utilitiesAlternative & renewable energy industriesBusinessIndustry & industrial studiesEnergy industries & utilitiesWater industriesBusinessIndustry & industrial studiesIndustrial relations & safetyIndustrial relationsBusinessIndustry & industrial studiesIndustrial relations & safetyOccupational / industrial health & safetyBusinessIndustry & industrial studiesManufacturing industriesArmaments industriesBusinessIndustry & industrial studiesPrimary industriesFisheries & related industriesBusinessIndustry & industrial studiesPrimary industriesForestry & related industriesBusinessIndustry & industrial studiesPrimary industriesMining industry Publisher: The University of Chicago Press Publication Date: 23/08/2011 ISBN-13: 9780226456676  Details: Type: Paperback Format: Books
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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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