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

Authors: Kruse, Douglas; Blasi, Joseph; Freeman, Richard B.
Product Type: Books / Book Chapters
Source: Forthcoming from University of Chicago Press
Publication Year: 2008

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This collection of papers provides background on a number of employee ownership issues.

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Employee Ownership: An Unstable Form or a Stabilizing Force?

Authors: Blair, Margaret; Kruse, Douglas; Blasi, Joseph
Product Type: Books / Book Chapters
Source: Chapter in Margaret M. Blair and Thomas Kochan (eds.). 2000. The New Relationship: Human Capital in the American Corporation. Brookings Institution Press: Washington, DC.
Publication Year: 2000

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In this paper, we take on a seemingly very simple set of empirical questions that we hope will shed light on whether employee ownership of firms "works"...

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Case Studies on Employee Ownership: A Review

Authors: Kruse, Douglas; Blasi, Joseph
Product Type: Journal Articles
Source: The National Center for Employee Ownership
Publication Year: 2008

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This article reviews the cases produced by U.S. professors and researchers on shared capitalism, namely, broad-based employee ownership, stock options, profit sharing, and gain sharing, from 1975 to present by looking at a universe of about 30,000 cases.

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Joseph R. Blasi

Author: Blasi, Joseph
Product Type: Featured Users
Source:
Publication Year: 2011

Joseph R. Blasi's Featured User Page

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Creating a Bigger Pie? The Effects of Employee Ownership, Profit Sharing, and Stock Options on Workplace Performance

Authors: Mackin, Christopher; Freeman, Richard B.; Blasi, Joseph; Kruse, Douglas
Product Type: Books / Book Chapters
Source: Forthcoming from University of Chicago Press
Publication Year: 2008

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This 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.

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In the Company of Owners: The Truth About Stock Options and Why Every Employee Should Have Them

Authors: Blasi, Joseph; Kruse, Douglas; Bernstein, Aaron
Product Type: Books / Book Chapters
Source: Basic Books
Publication Year: 2003

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The string of business scandals that recently engulfed America painted a picture of corporate chieftains lining their pockets by cutting corners, cooking the books, and duping gullible investors. In doing so, greedy CEOs have hijacked what could be one of the most important business innovations in decades: stock options for all employees.

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Do Workers Gain by Sharing? Employee Outcomes under Employee Ownership, Profit Sharing, and Broad-based Stock Options

Authors: Kruse, Douglas; Freeman, Richard B.; Blasi, Joseph
Product Type: Books / Book Chapters
Source: Forthcoming from University of Chicago Press
Publication Year: 2008

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Apart from the extreme cases that get publicized, are employee stock ownership plans generally good or bad for workers?

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Who Has a Better Idea? Innovation, Shared Capitalism, and HR Policies

Authors: Blasi, Joseph; Kruse, Douglas; Harden, Erika E.
Product Type: Cases
Source: National Bureau of Economic Research
Publication Year: 2008

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This paper investigates the relationship of "shared capitalist" compensation systems—profit/gain sharing, employee ownership, and stock options—to the culture for innovation and employees’ ability and willingness to engage in innovative activity.

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Worker Responses to Shirking under Shared Capitalism

Authors: Freeman, Richard B.; Kruse, Douglas; Blasi, Joseph
Product Type: Books / Book Chapters
Source: Forthcoming from University of Chicago Press
Publication Year: 2008

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Group incentive systems have to overcome the free rider or 1/N problem, which gives workers an incentive to shirk, if they are to succeed.

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Shared Capitalism in the US Economy

Authors: Park, Rhokeun; Kruse, Douglas; Blasi, Joseph
Product Type: Books / Book Chapters
Source: Forthcoming from University of Chicago Press
Publication Year: 2008

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Between one-third and one-half of employees participate directly in company performance through profit sharing, gain sharing, employee ownership, or stock options.

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