Shared Capitalism at Work

Shared Capitalism at Work PDF Author: Douglas L. Kruse
Publisher: University of Chicago Press
ISBN: 0226056961
Category : Business & Economics
Languages : en
Pages : 433

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Book Description
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.

The Labor-Managed Firm

The Labor-Managed Firm PDF Author: Gregory K. Dow
Publisher: Cambridge University Press
ISBN: 1107132975
Category : Business & Economics
Languages : en
Pages : 431

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Book Description
This book uses economic theory to argue that worker-controlled firms are rare due to market failures rather than inherent organizational defects. The book will be of interest to scholarly researchers, graduate students, and advanced undergraduates in economics, especially in industrial organization, labor economics, comparative economics, organizational economics, and finance.

Collected Works of Domenico Mario Nuti, Volume II

Collected Works of Domenico Mario Nuti, Volume II PDF Author: Saul Estrin
Publisher: Springer Nature
ISBN: 3031231678
Category : Political Science
Languages : en
Pages : 698

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Book Description
This book, the second of two volumes, brings together the work of Domenico Mario Nuti to highlight his significant and varied contribution to economics. Bringing together works from across Nuti’s career, his distinctive intellectual framework is exemplified in relation to discussions on the drivers of economic growth and development, the most efficient economic system, the organisation of firms, and how economies should be managed. This volume gives particular attention to Nuti’s views about how economic systems evolve, about the possibilities for various forms of economic democracy; and his analysis of East-West integration and globalization. The volume also contains a bibliography of his works.

Shared Capitalism at Work

Shared Capitalism at Work PDF Author: Douglas L. Kruse
Publisher: University of Chicago Press
ISBN: 0226056961
Category : Business & Economics
Languages : en
Pages : 433

Get Book Here

Book Description
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.

The World of Economics

The World of Economics PDF Author: John Eatwell
Publisher: Springer
ISBN: 1349213152
Category : Business & Economics
Languages : en
Pages : 766

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Book Description
What are the central questions of economics and how do economists tackle them? This book aims to answer these questions in 100 essays, written by economists and selected from "The New Palgrave: A Dictionary of Economics". It shows how economists deal with issues ranging from trade to taxation.

Workers' Financial Participation

Workers' Financial Participation PDF Author: Daniel Vaughan-Whitehead
Publisher: International Labour Organization
ISBN: 9789221091868
Category : Business & Economics
Languages : en
Pages : 260

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Book Description
This work focuses on pay schemes which provide, in addition to fixed pay, a variable portion of remuneration linked to some measure of enterprise performance.

The General Theory of Labor-managed Market Economies

The General Theory of Labor-managed Market Economies PDF Author: Jaroslav Vanek
Publisher: Ithaca : Cornell University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 440

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Book Description
Monograph presenting an economic theory in support of a new economic system based on workers' self-management (workers participation) - covers the equilibrium of a competitive enterprise and changing market conditions, the decentralization of decision making, labour supply functions, economic policy problems, 'income sharing' (wages) and wage incentive, the allocation of economic resources, legal aspects and basic institutional forms of the labour-managed economy, etc. Diagrams and references.

Managing Employee Involvement and Participation

Managing Employee Involvement and Participation PDF Author: Jeff Hyman Bob Mason
Publisher: SAGE
ISBN: 9781446231999
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
As issues of employee involvement and participation once more evoke considerable controversy, this textbook provides an accessible overview of the main strands, perspectives and debates in current thinking and practice. It adopts a comparative international approach, addressing developments in the United Kingdom and mainland Europe, the United States and elsewhere. The authors identify two main strands of evolution: one driven by managerial interests in enhancing and controlling employee commitment and performance; the other deriving from employees' attempts to influence high-level organizational decision-making. In particular, they examine and analyze: the background of key concepts, issues and philosophies underpinning these different strands; the range of current employee involvement methods, from the individualistic and management-led to more regulated collective approaches; and the rationales and responses of employees, unions and employers to the various initiatives. Throughout the book the authors evaluate the contrasting philosophies and practices in the context of the rapidly evolving organizational and economic landscapes of advanced industrialized countries. Relevant factors include declines in manufacturing industries, deregulation of labour markets, intensifying international competition and the ever-increasing globalization of enterprise.

Incentives and Economic Systems

Incentives and Economic Systems PDF Author: Stefan Hedlund
Publisher: Taylor & Francis
ISBN: 1000535819
Category : Business & Economics
Languages : en
Pages : 387

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Book Description
First published in 1987, Incentives and Economic Systems is a selection of papers presented at the Eighth Arne Ryde Symposium at Frostavallen, Sweden on how institutions attempt to guide individual behaviour by manipulating the social and economic incentive system. These economic and social aspects of incentives determine ‘rational’ and ‘irrational’ behaviour by individuals and organizations across various economic systems. The essays in the volume deal with various aspects of the incentive problems and the various manifestations of such problems, along with moral and ethical issues. The essays will be an enlightening read for students of economics, policymaking and international politics.

Democracy and Efficiency in the Economic Enterprise

Democracy and Efficiency in the Economic Enterprise PDF Author: Ugo Pagano
Publisher: Routledge
ISBN: 1134800495
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
The collapse of central planning was hailed as evidence of the economic and moral superiority of capitalism over any possible alternative. The essays in this book challenge that claim. The case for more democratic forms of enterprise management is considered from a variety of viewpoints. One chapter deals with the philosophical justification for enterprise democracy. The remaining chapters are devoted to the question of efficiency, which has been central to economic debates about ownership and control. The orthodox belief amongst economists is that any shift to more democratic forms of enterprise control would be unworkable. The essays in this book provide a thorough theoretical and empirical critique of this orthodoxy.

Worker Participation in Business Management

Worker Participation in Business Management PDF Author: Ludwig Teller
Publisher:
ISBN:
Category : Management
Languages : en
Pages : 114

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Book Description