Blasi, Joseph R.; Kruse, Douglas,; Bernstein, Aaron
In the company of owners : the truth about stock options (and why every employee should have them)
- USA Basic Books 2003
- xxii,345 p. 24 cm ; Hard
Alpha/2459/13 Jul 17/Rs.395/-
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.
WorldCat Summary: "Joseph Blasi, Douglas Kruse, and Aaron Bernstein show how American companies would perform much better if they followed the lead of many high-tech firms and granted options to their entire workforce, rather than to just a tiny corporate elite. Using SEC data in a way never done before, they document the vast wealth executives have accumulated for themselves and show how the abuse of options has taken place not just at scandal-ridden companies such as Enron and WorldCom but across the entire reach of corporate America." "In the company of Owners argues that there's a better way. Broad employee ownership through stock options offers a new model for U.S. corporations and American capitalism. The authors explain how employees and shareholders alike would benefit if most large companies adopted what they call the partnership capitalism approach - using options to encourage employees to think and act like owners."--Jacket.
978-0465007007
Employee motivation Chief executive officers--Salaries, etc United States - Corporations Employee stock options