Quarrey, Michael, Blasi, Joseph, Rosen, Corey
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There has been a call in recent years for organizational strategies that will improve the competitive position of U.S. corporations. One suggestion has been the development of greater partnership between labor and management, and among the more palatable and promising forms are ESOPsemployee stock ownership plans. This informative volume treats ESOPs generally, and describes how such plans have meshed with the cultures of 15 progressive companies. It deftly illustrates the advantages of ESOPs in distributing wealth, aiding participative management, buying out a retiring owner, borrowing capital, or divesting a division. The ability of such arrangements to increase worker productivity and satisfaction also bodes well for ESOPs. Recommended for most business collections. Gene R. Laczniak, Coll. of Business Admin., Marquette Univ., Milwaukee
Copyright 1987 Reed Business Information, Inc.
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