The Real World of Employee Ownership: Baby Food, Big Business, and the Remaking of Labor

By John Logue and Jacquelyn Yates

Book Overview

Using data from an extensive study of employee-owned companies in Ohio, where employee ownership is a well-developed trend, this book offers a strong empirical portrait of firms with Employee Stock Ownership Plans (ESOPs). It describes how these plans work and places their emergence and change in a historical context. John Logue and Jacquelyn Yates examine firms that have succeeded in employee ownership and those with failed plans. Some companies, they find, are committed to the concept of employee ownership, and others merely use ESOPs as a financing tool.Detailed information resulting from multiple surveys allows the authors to draw well-grounded conclusions regarding the question of why some employee-owned firms outperform others. The bottom line, they find, is that employee-owned firms that "do it all," implementing features such as employee participation and communication about finances, training, and cultural change, systematically outperform their conventional competitors. They also have an advantage over firms that understand employee ownership incompletely, if it all, and yet claim to adopt its methods.

• Format: Hardcover
• Language: English
• ISBN: 0801433495
• ISBN13: 9780801433498
• Release Date: November 2001
• Publisher: ILR Press
• Length: 264 Pages
• Weight: 1.16 lbs.
• Dimensions: 0.9" x 6.4" x 9.3"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher

Customer Reviews

Wonderful

buy this book if you want to know the "Real World" of employee ownership and not just what you read in the papers!