In the company of owners : the truth about stock options (and why every employee should have them)
"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
xxii, 345 pages ; 25 cm
9780465007004, 0465007007
50479205
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