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Employee Ownership and Shared Capitalism: New Directions in Research

Employee Ownership and Shared Capitalism: New Directions in Research

Paperback

Series: Lera Research Volume

LaborSocial Movements

ISBN10: 091344703X
ISBN13: 9780913447031
Publisher: Ilr Pr
Published: Aug 15 2011
Pages: 352
Weight: 0.75
Height: 0.60 Width: 5.40 Depth: 8.40
Language: English

One of the most persistent and important, but often ignored, trends contemporary market economies continues to be the ownership of firms by their employees. Since the emergence of different experiments with employee ownership in the early twentieth century, a growing group of companies and expanding set of institutions have opened the door for firms to share the financial returns of economic production with broad groups of employees. The growth of various forms of shared capitalism has meant that currently a little under half of all employees in the private sector own stock in the companies in which they work or receive cash-based bonuses linked to different measures of corporate performance.

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Labor