Using nearly 30,000 employee surveys from fourteen companies, we find disability is linked to lower average pay, job security, training, and participation in decisions, more negative attitudes toward the company. Disability gaps vary substantially, however, across companies worksites, with no attitude worksites rated highly by all employees for fairness responsiveness. The results indicate that corporate cultures are responsive needs of especially beneficial disabilities.

The historical relationship between capital and labor has changed radically in the past few decades. One particularly noteworthy development is rise of shared capitalism, a system which workers have become partial owners their firms thus, effect, both employees stockholders. Profit-sharing arrangements gain-sharing bonuses, tie compensation directly to firm's performance, also reflect this new attitude toward labor. Shared Capitalism at Work analyzes effects trend on firms. contributors...

This study compares the corporate performance in 1990/91 of two groups public companies: those which employees owned more than 5% company's stock, and all others. The results analysis, looks at profitability, productivity, compensation, are consistent with neither negative nor highly positive views employee ownership, but where differences found, they favorable to companies especially among small size. circumstances ownership was used—specifically, whether it part a wage/benefit concession...

Abstract This article analyses the linkages among group incentive methods of compensation (broad‐based employee ownership, profit sharing and stock options), labour practices, worker assessments workplace culture, turnover firm performance in firms that applied to ‘100 Best Companies Work For America’ competition from 2005 2007. Although employers with good practices self‐select into 100 sample, which should bias analysis against finding strong associations modes compensation, policies...

This paper compares the performance of 229 ‘New Economy’ firms offering broad‐based stock options to that their non‐stock option counterparts. A simple comparison these reveals former have higher shareholder returns, Tobin’s q and new knowledge generation. Multivariate analysis using panel data also suggests adoption a plan results in levels value added per employee. However, we do not find evidence plans result superior growth or

The string of business scandals that recently engulfed America painted a picture 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 most important innovations in decades: stock options for all employees. Joseph Blasi, Douglas Kruse, Aaron Bernstein-all leading experts on employee ownership-show how American companies would perform much better if they followed lead many...

The idea of workers owning the businesses where they work is not new. In America's early years, Washington, Adams, Jefferson, and Madison believed that best economic plan for Republic was citizens to have some ownership stake in land, which main form productive capital. This book traces development share American history brings its message today's economy, business capital has replaced land as source wealth creation. Based on a ten-year study profit sharing employee at small large...

Purpose The purpose of this paper is to review the historical background for broad-based ownership in USA, development forms employee and profit sharing research literature on related participation, policy options new policies. Design/methodology/approach It a review. Findings There are four reasons be interested stock today: first, share can increase worker pay wealth broaden overall distribution income wealth, key ingredient successful democracy. To tool reducing inequality, must spread...

Is it a viable, efficient, and stable organizational form for the equity of an enterprise to be all or substantially owned by employees? The question is part long debate about nature capitalism way in which distributes economic gains from production. In this paper, we take on seemingly very simple set empirical questions that hope will shed light whether employee ownership firms "works" some sense. We do examining actual track record 27 publicly-traded were able identify approximately 20...

This research proposes that broad-based employee share ownership (ESO) affects corporate environmental performance (CEP). Drawing upon governance literature, social exchange theory, and stakeholder utility we propose employees as owners adopt more favorable attitudes toward beneficial outcomes for CEP, the impact of ESO overwhelms CEO ownership. Also, these relationships are contingent trade union presence a form worker voice amplifies influence on CEP. The empirical results from U.S....

To what extent, if at all, did employee-owned (EO) firms maintain jobs for workers compared to non-EO in the spring 2020 Covid-19 shock US economy? Did EO shift from workplaces work-from-home locations pandemic more or less than other firms? This paper uses a unique survey of nearly 750 that differ Employee Stock Ownership Plan (ESOP) mode employee ownership answer these questions. The analysis finds Covid crisis ESOPs with majority their firm maintained proportionately and shifted work...

This study examines the incidence, industry differences, and economic environment of work practices in United States 1994 1997 using census data from a nationally representative random sample establishments. Self‐managed teams were used by majority workers some sites. Work‐related meetings had higher incidence. A high‐performance organization is about 1 percent There significant differences associated with globalization, namely, imports exports.

What enables some employee ownership firms to overcome the free rider problem and motivate employees improve performance?This study analyzes role of human resource policies in performance companies, using survey data from 14 companies a national sample employee-owners.Between-firm comparisons 11 ESOP show that an index policies, nominally controlled by management, is positively related reports co-worker other good workplace outcomes (including perceptions fairness, supervision, worker input...