Employee Ownership Through ESOPS :Implications for the Public Corporation

Publication subTitle :Implications for the Public Corporation

Author: Blasi   Joseph Raphael  

Publisher: Elsevier Science‎

Publication year: 2016

E-ISBN: 9781483140544

P-ISBN(Paperback): 9780080295206

Subject: F8 Finances

Keyword: 财政、金融

Language: ENG

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Description

Employee Ownership Through ESOPs: Implications for the Public Corporation summarizes the large body of literature on employee stock ownership plans (ESOPs) and the phenomenon of employee ownership. The author has discovered and reviewed over 700 articles on the subject in academic and professional journals of business, labor, law, and social science since 1973.

The study is divided into four parts. The first part examines law, public policy, and regulation; the status of ESOPs in the publicly held corporation; corporate uses and labor-management roles; the impact of the ESOP on labor-management cooperation and the economic performance of firms; and the future of employee ownership. The second part presents selected case studies which illustrate the range of corporate uses and benefits to workers and the difficult issues these raise. The third part presents abstracts of articles or books that are central to understanding the major findings and implications of employee ownership and gaining an ordered introduction to the field. The fourth part includes references to these abstracted materials and to the subjects discussed in the first and second sections.

This study emphasizes the significance of employee ownership to corporate officers, middle managers, union officials, and/or local labor representatives and employee leaders who are associated with a publicly held company.

Chapter

LAW, PUBLIC POLICY, AND REGULATION

CORPORATE USES AND LABOR-MANAGEMENT ROLES

THE USES O F ESOPs

IMPACT ON LABOR-MANAGEMENT COOPERATION AND ECONOMICPERFORMANCE

THE FUTURE OF EMPLOYEE OWNERSHIP IN T H E PUBLICLY HELDCORPORATION

Case Studies

INTRODUCTION

WEIRTON STEEL: A LARGE ENTERPRISE INTEGRATING EMPLOYEE OWNERSHIP AND LABOR MANAGEMENT COOPERATION

DAN RIVER TEXTILES: A TAKEOVER DEFENSE USING A LEVERAGEDBUYOUT AND EMPLOYEE BENEFIT PLAN CHANGES

AMERICAN RECREATION CENTERS: AN ONGOING PUBLICLY HELDCORPORATION IN A UNION-FREE ENVIRONMENT

STEEL: RESTRUCTURING AN INDUSTRIAL SECTOR

THE BANKING INDUSTRY: NEW OWNERSHIP-BASED CAPITAL PLANNINGAND EMPLOYEE BENEFITS

Abstracts

Recommended Reading

About the Author

Acknowledgments

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