by: Blair, Margaret; Kruse, Douglas L.
Source: The Brookings Review. Fall 1999; Vol. 17, Issue 4.
This article analyzes the emergent role of employees as a key shareholder group. The authors discusses four major drivers of the trend: tax incentives, decreased vulnerability to takeover, human resources management, and employee motivation. Two important limits to growth in employee ownership are pointed out: a stock market downturn and the exercising of stock options in large numbers.
Link: Worker Capitalists? Giving Employees an Ownership Stake
Publication Date: 1999-09-01