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Ownership and decision-making are key issues in the economic restructuring taking place as economies struggle to emerge from the Great Recession, and technological change and globalization continue to place new demands on workers and firms. Corporate, labor, and policy leaders are increasingly recognizing the potential role of employee ownership, cooperatives, profit sharing, and other ways in which employees directly participate in decision-making and financial performance. This volume contains cutting-edge research on the causes and effects of financial and decision-making participation, including results from the United States, European Union, Russia, India, and Basque area of Spain, along with a unique laboratory experiment to probe the real-world findings. Along with consideration of standard economic outcomes are studies that examine job satisfaction in the largest U.S. worker cooperative, and firm survival among cooperatives and ESOP companies. In addition, there are theoretical and thought pieces on the meaning and value of employee ownership in a rapidly changing world economy.

Ownership and decision-making are key issues in current debates among corporate, labor, and policy leaders. This volume contains cutting-edge research on the causes and effects of financial and decision-making participation around the globe, plus theory and thought pieces on the meaning and value of employee ownership in a rapidly changing world economy

"This paper analyzes the linkages among group incentive methods of compensation, labor practices, worker assessments of workplace culture, turnover, and firm performance in a non-representative sample of companies: firms that applied to the "100 Best Companies to Work For in America" competition from 2005 to 2007. Although employers with good labor practices self- select into the 100 Best Companies firms sample, which should bias the analysis against finding strong associations among modes of compensation, labor policies, and outcomes, we find that in the firms that make more extensive use of group incentive pay employees participate more in decisions, have greater information sharing, trust supervisors more, and report a more positive workplace culture than in other companies. The combination of group incentive pay with policies that empower employees and create a positive workplace culture reduces voluntary turnover and increases employee intent to stay and raises return on equity. Finding these effects in the non-representative "100 Best Companies" sample strengthens the likelihood that the policies have a causal impact on employee well-being and firm performance"--National Bureau of Economic Research web site

Analyzes voter turnout in the 1992 presidential elections among people with disabilities, based on data from the Current Population Survey (N = 93,992 citizens) & a survey of people with spinal cord injuries ([SCI] N = 312). Voting rates & determinants are compared between the general population & people with SCI, & voter turnout is linked to disability characteristics. Results show that voter turnout among people with SCI was 10 % points lower than among otherwise similar people in the general population. Employed people with SCI were just as likely as other employed people to vote, while turnout was strongly depressed among the 66% of people with SCI who were not employed. Within the SCI sample, turnout was higher among people who are able to drive & who attend religious services, & was not affected by severity of injury. The findings highlight the importance of employment & general mobility for voter turnout. Future turnout levels will probably be affected by the success of the Americans with Disabilities Act & other policies in increasing employment of the 20% of Americans with disabilities. 3 Tables, 23 References. Adapted from the source document.

In the U.S. private sector, women are less likely than men to be union members. This study analyses a unique na‐tional survey (conducted in 1984) to determine if women are less interested than men in unionising or if, instead, they are equally interested but face higher barriers to unionisation. The results support the latter interpretation. In particular, non‐union women in private sector white‐col‐lar jobs (representing over half of the female non‐union, work force) expressed more interest than comparable men in joining unions. This finding appears to reflect more optimism among the women in this group than among the men about what unions can accomplish; it is not explained by gender differences in attitudes toward jobs or em‐ployers. The authors discount theories that family respon‐sibilities, or concerns of female workers that set them apart from men, present special barriers to unionisation.

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 the best economic plan for the Republic was for citizens to have some ownership stake in the land, which was the main form of productive capital.This book traces the development of that share idea in American history and brings its message to today's economy, where business capital has replaced land as the source of wealth creation.Based on a ten-year study of profit sharing and employee ownership at small and large corporations, this important and insightful work makes the case that the Founders' original vision of sharing ownership and profits offers a viable path toward restoring the middle class. Blasi, Freeman, and Kruse show that an ownership stake in a corporation inspires and increases worker loyalty, productivity, and innovation. Their book offers history-, economics-, and evidence-based policy ideas attheir best

The history of partnership capitalism -- It all began with Shockley -- The soul of a new corporation : how high-tech companies institutionalized partnership capitalism -- The soul of an old corporation : from Thales to executive stock options -- Sharing the company with employees -- How high-tech firms share the wealth -- Why companies hand out new options every year -- What shareholders gain by giving up some of their ownership -- The evidence that stockholders come out ahead -- A new corporate model -- Top-down capitalism : what would have to change in corporate America -- Partnership capitalism : how to put it all together. Conclusion