The Real World of Employee Ownership - Softcover

Logue, John; Yates, Jacquelyn

Softcover

ISBN 10: 0801483948 ISBN 13: 9780801483943

Publisher: ILR Press, 2001

Synopsis

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.

About this title

About the Author:

John Logue was Professor of Political Science at Kent State University and Director of the Ohio Employee Ownership Center. He was coeditor or coauthor of many books including The Real World of Employee Ownership with Jacquelyn Yates, from Cornell, and a frequent contributor to The Progressive.

Jacquelyn S. Yates is Assistant Professor of Political Science at the Salem campus of Kent State University and a faculty associate at the Ohio Employee Ownership Center. She coauthored The Real World of Employee Ownership with John Logue, from Cornell.

William Greider, national affairs correspondent for The Nation magazine, is author of One World, Ready or Not: The Manic Logic of Global Capitalism. He also edited The Real World of Employee Ownership, from Cornell.

Review:

"The most important single book on employee ownership-the one to read! Logue and Yates analyze three decades of experience and show how we can now take the next, quantum jump forward in democratizing the American economy."

(Gar Alperovitz, Lionel R. Bauman Professor of Political Economy, University of Maryland)

"John Logue and Jacqueline Yates have combined scholarly precision with real-world involvement to produce a clearheaded, practical examination of what makes employee ownership work ―and not work. This is an invaluable guide for both students and practitioners."

(Corey Rosen, Executive Director, National Center for Employee Ownership)

About this edition

• Publisher: ILR Press
• Publication date: 2001
• ISBN 10: 0801483948
• ISBN 13: 9780801483943
• Binding: Paperback
• Number of pages: 264