Research Catalog

Title

In the company of owners : the truth about stock options (and why every employee should have them) / Joseph Blasi, Douglas Kruse, and Aaron Bernstein.

Author

Blasi, Joseph R.

Publication

New York, NY : Basic Books, [2003], ©2003.

Items in the Library & Off-site

Holdings

Details

Additional Authors

• Kruse, Douglas.
• Bernstein, Aaron, 1955-

Description

xxii, 345 pages; 25 cm

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."--BOOK JACKET.

Alternative Title

Story of partnership capitalism

Subject

• Employee ownership > United States
• Employee stock options > United States
• Employee motivation > United States
• Chief executive officers > Salaries, etc. > United States
• Stock options > United States
• Corporations > United States

Bibliography (note)

• Includes bibliographical references (p. 297-334) and index.

Contents

Pt. I. The History of Partnership Capitalism -- 1. It All Began with Shockley -- 2. The Soul of a New Corporation: How High-tech Companies Institutionalized Partnership Capitalism -- 3. The Soul of an Old Corporation: From Thales to Executive Stock Options -- Pt. II. Sharing the Company with Employees -- 4. How High-tech Firms Share the Wealth -- 5. Why Companies Hand Out New Options Every Year -- 6. What Shareholders Gain by Giving Up Some of Their Ownership -- 7. The Evidence that Stockholders Come Out Ahead -- Pt. III. A New Corporate Model -- 8. Top-down Capitalism: What Would Have to Change in Corporate America -- 9. Partnership Capitalism: How to Put It All Together -- 10. Conclusion. App. A. The High Tech 100 -- App. B. The High Tech 100's Mixed Track Record -- App. C. How Workers Took a Beating on Employee Ownership -- App. D. The Corporate America 100.

ISBN

0465007007 (alk. paper)

LCCN

2002013468

OCLC

• ocm50479205
• SCSB-4332701

Owning Institutions

Columbia University Libraries