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In the company of owners : the truth about stock options (and why every employee should have them)

Author: Joseph R Blasi; Douglas Kruse; Aaron Bernstein
Publisher: New York : Basic Books, ©2003.
Edition/Format:   Book : EnglishView all editions and formats
Database: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  Read more...
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Document Type: Book
All Authors / Contributors: Joseph R Blasi; Douglas Kruse; Aaron Bernstein
ISBN: 0465007007 9780465007004
OCLC Number: 50479205
Description: xxii, 345 p. ; 25 cm.
Contents: 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.
Responsibility: Joseph Blasi, Douglas Kruse, and Aaron Bernstein.
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Abstract:

"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."--BOOK JACKET.

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