Download or read book Complementarity of Shared Compensation and Decision making Systems written by Arindrajit Dube and published by . This book was released on 2008 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the relationship between shared capitalist modes of pay and shared modes of decision-making via employee involvement and related committees and between them and measures of productivity and worker well-being in two data sets: the employee based Worker Participation and Representation Survey and the California Establishment Survey. It finds in both data sets that the forms of shared compensation are complementary in the sense that they are more likely to be found together than if firms chose them separately; that shared compensation systems are positively associated with shared decision-making; and that combining shared compensation systems and employee involvement has greater impacts on outcomes than each system by itself.

Download or read book Shared Capitalism at Work written by Douglas L. Kruse and published by University of Chicago Press. This book was released on 2010-06-15 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Oxford Handbook of Mutual Co operative and Co owned Business written by Jonathan Michie and published by Oxford University Press. This book was released on 2017 with total page 705 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook investigates all types of 'member owned' organizations, whether consumer co-operatives, agricultural and producer co-operatives, or worker co-operatives among many others. The chapters reflect the latest academic research and thinking on each topic, as well as reporting the relevant policy debates.

Download or read book Sharing in the Company written by Erik Poutsma and published by Emerald Group Publishing. This book was released on 2017-06-12 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 17 of Advances in the Economic Analysis of Participatory and Labor-Managed Firms provides detailed analysis on standard econometric studies to new institutional economics to behavioral economics.

Download or read book The Citizen s Share written by Joseph R. Blasi and published by Yale University Press. This book was released on 2013-11-26 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the largest study of profit-sharing and employee ownership in years, Joseph R. Blasi, Richard B. Freeman and Douglas L. Kruse investigated dozens of large- and medium-sized companies across all sectors of the United States' economy. The ten-year effort involved nearly 50,000 employees, and the findings were unequivocal: when rank-and-file employees - not just top executives - are given an ownership stake in their company, the result is better worker engagement, more loyalty, more innovation, and drastically lower turnover. The common notion that profit sharing creates a free rider mentality among workers proves totally unfounded. In The Citizen's Share, Blasi, Freeman and Kruse argue that the concept of employee ownership has deep roots extending back to the political and economic vision of America's founders. Thomas Jefferson, for example, conceived of the Louisiana Purchase as a path that would lead to widespread economic independence through individual land ownership. The authors discuss the founding generation's seminal ideas about personal economic independence, explain how we have strayed from those ideas, and propose practical solutions for bringing employment practices back in line with the nation's founding principles.

Download or read book The SAGE Handbook of Industrial Relations written by Paul Blyton and published by SAGE. This book was released on 2008-09-12 with total page 690 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook is an indispensable teaching, research and reference guide for anyone interested in issues of labour and employment. The editors have assembled a top-flight group of authors and the end-product is an encompassing state-of-the-art review of the industrial relations field′ - Professor Bruce E Kaufman, AYSPS, Georgia State University ′This Handbook will quickly become the standard reference in industrial relations research. It provides the most comprehensive and challenging presentation of the key theoretical debates and topics of research that will shape our field well into the 21st century. All who wish to contribute to this field will need to read this volume and then build on what these authors have to say′ - Professor Thomas A. Kochan, MIT Institute for Work and Employment Research ′This authoritative panorama of the field demonstrates the contemporary vitality, breadth and critical depth of industrial relations scholarship and research. Thirty-four stimulating essays, by an international blend of leading academics, expertly review the analytical and empirical state of play across all aspects of industrial relations enquiry. In doing so, a rich agenda for further scholarly endeavour emerges′ - Paul Marginson, University of Warwick Over the last two decades, a number of factors have converged to produce a major rethink about the field of Industrial Relations. Globalization, the decline of trade unions, the spread of high performance work systems and the emergence of a more feminized, flexible work-force have opened new avenues of inquiry. The SAGE Handbook of Industrial Relations charts these changes and analyzes them. It provides a systematic, comprehensive survey of the field. The book is organized into four interrelated sections: " Theorizing Industrial Relations " The changing institutions that shape employment practice " The processes used by governments, employers and unions " Income inequality, employee wellbeing, business performance and national comparative advantages The result is a work of unprecedented scope and unparalleled ambition. It offers a compete guide to the central debates, new developments and emerging themes in the field. It will quickly be recognized as the indispensable reference for Teachers, Students and Researchers. It is relevant to economists, lawyers, sociologists, business and management researchers and Industrial Relations specialists.

Download or read book The Palgrave Companion to Harvard Economics written by Robert A. Cord and published by Springer Nature. This book was released on 2024 with total page 1152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Harvard University has been and continues to be one of the most important global centres for economics. With three chapters on themes in Harvard economics and 41 chapters on the lives and work of Harvard economists, these two volumes show how economics became established at the University, how it produced some of the world’s best-known economists, including Joseph Schumpeter, Wassily Leontief and John Kenneth Galbraith, and how it remains a global force for the very best in teaching and research in economics. With original contributions from a stellar cast, the volumes provide economists – especially those interested in macroeconomics and the history of economic thought – with an in-depth analysis of Harvard economics. Robert A. Cord holds a PhD from the University of Cambridge, and his areas of interest include the history of economic thought and, within this, the history of macroeconomics. His publications include Reinterpreting the Keynesian Revolution (2012), Milton Friedman: Contributions to Economics and Public Policy (co-editor; 2016) and The Palgrave Companion to Chicago Economics (editor; 2022).

Download or read book Beyond the Corporation written by David Erdal and published by Random House. This book was released on 2011-03-22 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: * Beyond the Corporation is a book for our times. Offering inspiration and vision in the wake of financial Armageddon, it is the story of ordinary people who share the ownership of the businesses where they work. * The enterprises come in all sizes: from companies employing just a few dozen people, to large corporations: John Lewis in the UK, employing 70,000 'partners'; Mondragon, a highly entrepreneurial group of over 100 businesses in Spain, employing more than 100,000; and many examples in the US, some employing tens of thousands. It would be hard to imagine a better informed, more involved or more enthusiastic set of employees - sharing the efforts of making their companies successful, and sharing all of the rewards. Unusually in the corporate world, they control their own destinies - a situation beyond the dreams of most working people. * Erdal takes a hard look at those who insist, in the teeth of the evidence, that shared ownership will never work - a sorry tale, he argues, of prejudice masquerading as economic thinking. The book contains detailed case studies as well as interviews with a range of people, whose inspiring stories of success fly in the face of received wisdom. These successes include: high levels of productivity; sustained rapid growth; fast-moving, innovative responses to changing worlds; high levels of investment aimed at long-term prosperity; and, above all, the sheer happiness employees experience in working together in businesses that they own together, sharing the wealth that they create. * At a time when the 'orthodox' corporate economy has been badly shaken, Beyond the Corporation makes essential reading.

Download or read book The Elgar Companion to Social Economics Second Edition written by John B. Davis and published by Edward Elgar Publishing. This book was released on 2015-05-29 with total page 774 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social economics is a dynamic and growing field that emphasizes the key roles social values play in the economy and economic life. This second edition of the Elgar Companion to Social Economics revises all chapters from the first edition, and adds impo

Download or read book The Cambridge Handbook of Community Empowerment written by Brian D. Christens and published by Cambridge University Press. This book was released on 2024-04-25 with total page 811 pages. Available in PDF, EPUB and Kindle. Book excerpt: Power and empowerment are critical topics for social change. This handbook maps out ways that people can collectively engage with, influence, and change systems that affect their lives, particularly the systems that maintain inequality and oppression. It includes in-depth examinations of a variety of approaches to building and exercising community power in local organizations, institutions, and settings. Each chapter examines a particular approach, critically engaging with contemporary research on how and when collective action can be most effective at producing change within communities and societal systems. By examining a range of approaches in diverse contexts, this book provides new insights for scholars, practitioners, and engaged resident-leaders aiming to be more precise, strategic, and innovative in their efforts to build and sustain community power. It is the ideal resource for those working with community groups to build more just and equitable systems.

Download or read book Employee Ownership and Employee Involvement at Work written by Daphne Berry and published by Emerald Group Publishing. This book was released on 2018-05-08 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: With a growing prominence of sophisticated econometric research in the field of New Economics of Participation (NEP), it is of particular value to learn about real-world examples of participatory and labor-managed firms in the advanced market economies through extensive case studies. In this volume, the authors present such case studies.

Download or read book The Routledge Companion to Happiness at Work written by Joan Marques and published by Routledge. This book was released on 2020-10-22 with total page 505 pages. Available in PDF, EPUB and Kindle. Book excerpt: An unprecedented and important reference work, this research companion covers a range of aspects of happiness, an aim everyone aspires to achieve, yet can be easily overlooked in today’s demanding and multi-challenged world, or confused with a plethora of quantifiable or career goals. This book helps readers to internalize happiness, form a healthy opinion about this emotion, and detach it from external factors that can only cause temporary discomfort or delight. A group of expert authors considers happiness within three critical realms: internally, interactively, and work-related. Their thoughtful contributions approach happiness from a multiplicity of angles, and present a full spectrum of backgrounds and perspectives to consider, based on a wide range of circumstances, personal and professional. This companion will be valuable for researchers, students, and coaches, whether they seek input for future theory development, or motivation for performance in personal and professional life.

Download or read book How Did Employee Ownership Firms Weather the Last Two Recessions written by Fidan Ana Kurtulus and published by W.E. Upjohn Institute. This book was released on 2017-01-15 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Employee ownership firms offer workers the opportunity to own a stake in the firms where they work. This affords them the ability to share in profits and have a voice in firm-related decision-making. In this comprehensive new book, Kurtulus and Kruse provide new evidence on whether employee ownership firms are better equipped to survive recessions. In particular, they focus on broad-based employee ownership, which includes ownership at all levels in the firm’s hierarchy. The authors begin by defining what is meant by “employee ownership” and then discuss the prevalence of such firms in the United States. They also examine how employee ownership affects employment stability and why employee ownership firms have survived recessions more successfully than other firms. Kurtulus and Kruse conclude by saying that the benefits they observed in employee ownership firms, particularly the greater employment stability and survival rates, can help the overall economy. Therefore, increased government support to broaden employee ownership programs is merited.

Download or read book Executive Remuneration and Employee Performance Related Pay written by Tito Boeri and published by OUP Oxford. This book was released on 2013-03-28 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent financial crisis has created a public outcry over top-executive pay packages and has led to calls for reform of executive pay in Europe and the US. The current controversy is not the first - nor will it be the last - time that executive compensation has sparked outrage and led to regulation on both sides of the Atlantic. This volume compares US and European CEOs to trace the evolution of executive compensation, its controversies and its resulting regulations. It shows that many features of current executive compensation practices reflect the, often-unintended, consequences of regulatory responses to perceived abuses in top-executive pay, which frequently stem from relatively isolated events or situations. Regulation creates unintended (and usually costly) side effects and it is often driven by political agendas rather than shareholder value. Improvements in executive compensation are more likely to come from stronger corporate governance, and not through direct government intervention. The volume also examines the effects of incentive schemes and the patterns of performance related pay both within and across countries. It documents a number of empirical regularities and discusses whether government should intervene to support the implementation of incentive pay schemes. It argues that it makes little sense to undertake reform without detailed simulations of the effect on the economy under alternative economic scenarios, based on sound analysis and extensive discussion with labour, management, and government decision-makers.

Download or read book Compensation Decision Making written by Thomas J. Bergmann and published by South Western Educational Publishing. This book was released on 1998 with total page 638 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ultimate goal of the text is to make compensation decision makers out of its readers. No book can provide all the answers nor can it provide a fail-safe formula. What is can provide are the knowledge and techniques that lead to answers. All compensation decisions are made under a set of decision-making constraints. This book analyzes those constraints. A thorough understanding of them will assist the reader, since a careful consideration and weighing of all the constraints should result in more rational and workable compensation decisions.... The decisions have an impact upon the company achieving high productivity or slowly slipping into oblivion. To aid in preparing for compensation decisions, these pages were written to provide readers with the skills to make wise decisions in a complex, ever-changing, and competitive environment. -Pref.

Download or read book The Complementarity Between the Nagoya Protocol and Human Rights written by Xiaoou Zheng and published by Springer Nature. This book was released on 2023-08-15 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book studies the questions of how and to what extent the Nagoya Protocol on Access and Benefit-Sharing (ABS) can be interpreted and implemented in light of international human rights law, with a sharpened focus on Indigenous Peoples and local communities. The complementarity thesis is built upon the understanding that ABS and human rights should not and cannot be isolated from one another in order to achieve their respective objectives. A mutually supportive approach to these two bodies of international law is articulated throughout the chapters, covering a wide range of international treaties and ‘soft’ instruments, as well as the practices of the United Nations, international treaty bodies, courts, other international organizations and sometimes NGOs. Legal researchers, legislators and policymakers, human rights practitioners and indeed anyone interested in the development of a more coherent and integrated system of international ABS framework will find this book helpful, with its succinct coverage of current ABS and human rights laws and practices, their pragmatic implications and possible ways of integration forward.

Download or read book Working Paper Series written by and published by . This book was released on 2000 with total page 548 pages. Available in PDF, EPUB and Kindle. Book excerpt: