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Results for: Finance | Showing Results: 1 to 25 | Total Results: 42 | Sort By: Alphabetical Publication Date

How to Turn Eighty Million Workers into Capitalists on Borrowed Money 

This book aims at nothing less than the creation of a society free from poverty, war, and toil, and the authors argue that these goals can be achieved through such policies as the extension of property- holding and the reduction of taxes and government spending.
Author: Kelso, Louis O.; Hetter, Patricia
Pub. Date: 1967-01-01

The New Capitalists: A Proposal to Free Economic Growth from the Slavery of Savings 

This essay, devoted to explaining the financed-capitalist plan, is an attempt to advance our practical thinking about capitalism. It does not add anything except evidence of feasibility to the theory of capitalism as outlined in our earlier book.
Author: Kelso, Louis O.; Adler, Mortimer Jerome
Pub. Date: 1975-08-02

Employee Perspectives on Stock Ownership: Financial Investment or Mechanism of Control? 

This paper explores employee ownership as a financial investment rather than a mechanism of control. Viewed from such a perspective, relations among employee ownership, satisfaction, and desired influence are more complex than supposed.  
Author: French, J. Lawrence
Pub. Date: 1987-01-01

Colt Industries 

Colt Industries is a conglomerate that is considering undertaking a leveraged recapitalization. 
Author: Stein, Jeremy C.
Pub. Date: 1988-08-03

The Viability of Employee-Owned Firms: Evidence from France 

This study examines data on French producer cooperatives for the years 1970-79 to test the widely accepted theoretical prediction that employee-owned firms either will fail as commercial undertakings or degenerate into capitalist firms as the proportion of hired workers who are not members of the cooperative firm increases.  
Author: Estrin, Saul; Jones, Derek C.
Pub. Date: 1991-01-01

Why Do Firms Adopt Profit Sharing and Employee Ownership Plans? 

Profit-sharing and employee ownership in companies have attracted considerable interest, yet there has been little research on factors predicting the adoption and maintenance of these plans. This study uses new data from a survey of 500 US public companies, and panel data on corporate financial variables, to examine factors predicting the presence and adoption of profit-sharing and employee stock ownership plans (ESOPs) in the 1975–91 period. 
Author: Kruse, Douglas L.
Pub. Date: 1996-01-01

Sealed Air Corp.'s Leveraged Recapitalization (A, B)  

Less than a year after Sealed Air embarked on a program to improve manufacturing efficiency and product quality, the company borrowed almost 90% of the market value of its common stock and paid it out as a special dividend to shareholders. 
Author: Wruck, Karen H.; Barry, Brian
Pub. Date: 1997-12-05

The New Math of Ownership 

In order to solve high-tech's employee retention problems, Bill Gross, the chairman and founder of Idealab, proposes a radical solution: give all workers a significant equity stake. 
Author: Gross, Bill
Pub. Date: 1998-11-01

The Roots of Broadened Stock Ownership 

This analysis examines recent trends in stock ownership and explains the reasons for the dramatic increase in stock ownership among a broader and increasingly diverse number of Americans. 
Author: Saxton, Jim
Pub. Date: 2000-04-01

Note on Employee Stock Ownership Plans (ESOPs) and Phantom Stock Plans 

Provides a brief overview of employee stock ownership plans (ESOPs) and phantom stock plans for owners of closely held companies. 
Author: Crane, Dwight B.; Reinbergs, Indra A.
Pub. Date: 2000-11-08

Ottawa Devices, Inc. (B) 

The Rollins family assembly was meeting to choose between several business strategies, including an employee stock ownership plan. 
Author: Reiling, Henry B.; Midgley, Harry C.
Pub. Date: 2004-11-23

eBay, Inc.: Stock Option Plans (A, B, C) 

The footnote disclosure for eBay, Inc. in 2000 indicates that if the company had accounted for employee stock options under the fair value method, its reported profit of $48 million would have been a loss of $91 million. 
Author: Bradshaw, Mark T.
Pub. Date: 2005-11-18

Binary Economics: The Economic Theory that Gave Rise to ESOPs  

ESOPs are part of a broader approach to expanded capital ownership, broader prosperity, and economic justice known as binary economics. Binary economics was first advanced by Louis Kelso, who is also widely known as the inventor of the ESOP. 
Author: Ashford, Robert
Pub. Date: 2006-01-01

Wages, Employment, and Capital in Capitalist and Worker-Owned Firms 

The authors investigate how worker-owned and capitalist enterprises differ with respect to wages, employment, and capital in Italy, the market economy with the greatest incidence of worker-owned and worker-managed firms.  
Author: Pencavel, John; Pistaferri, Luigi; Schivardi, Fabiano
Pub. Date: 2006-01-01

New Social Investing Option: In Equal Exchange 

Fair trade and beverage pioneer, Equal Exchange, has teamed up with socially progressive bank, Wainwright Bank, to raise capital, protect its independence, and create a new financial product for investors.  
Author:
Pub. Date: 2006-05-25

Share Repurchases and Pay-Performance Sensitivity of Employee Compensation Contracts 

This paper explores how share repurchases affect the extant employee compensation contracts and offer a new explanation for the popularity of stock buybacks. 
Author: Babenko, Ilona
Pub. Date: 2008-01-01

The ESOP-Owned S Corporation: Bringing Ownership to Life with Synthetic Equity 

The “ESOP-Owned S Corporation” structure offers truly remarkable advantages that can transform a business into a tax-exempt, for-profit entity. 
Author: Staubus, Martin
Pub. Date: 2008-01-01

L. S. Starrett Company  

Should Wachovia Bank and Trust lend the ESOP of Starrett the money to purchase shares? The required tasks involve a standard credit analysis and the valuation of Starrett's shares.  
Author: Bruner, Robert F.; Hennessy, Peter R.
Pub. Date: 2008-10-21

Tullis Russell 

Paper manufacturer and distributor Tullis Russell became majority employee owned in 1994 in a pioneering arrangement that involved the transfer of ownership to staff and unlocked capital for the family that had owned most of the business since 1809. 
Author:
Pub. Date: 2009-01-01

ESOP Basics: When Employee Ownership Makes Sense 

The number of Employee Stock Ownership Plans (ESOPs) in the United States has increased from approximately 200 employing 250,000 workers in 1974 to over 11,000 established ESOPs in 2005 covering an estimated 11 million employees. 
Author:
Pub. Date: 2009-01-01

ESOP Basics: Creating an Ownership Culture 

Sharing ownership with employees offers the opportunity to involve the workforce in the business with the same sense of responsibility that an owner has.  
Author:
Pub. Date: 2009-01-01

ESOP Basics: What is an ESOP? 

What is an ESOP? Employee Stock Ownership Plans, or ESOPs, were designed as a way to put ownership into the hands of American workers. 
Author:
Pub. Date: 2009-01-01

Converting Failed Financial Institutions into Mutual Organisations 

The immediate issue is whether the failed financial institutions that were taken into public ownership could be re-launched as mutuals rather than as plcs. 
Author: Michie, Jonathan; Llewellyn, David T.; Anderson, David; Eyre, Nick; Hunt, Peter; Mills, Chris; Palmer, Jeremy
Pub. Date: 2009-09-01

Owners as Stewards: What Determines Employee Ownership of Institutional Investment Management Firms? 

We examine how employee ownership is used to solve the agency problem between institutional investment management firms and employees. 
Author: Dimmock, Stephen G.; Gerken, William Christopher; Marietta-Westberg, Jennifer
Pub. Date: 2009-09-20

Beyster Institute's Employee Ownership Management Program, 2010 

Curriculum material for Beyster Institute's Employee Ownership Management Program, a seminar presented at the Rady School, UCSD.  
Author:
Pub. Date: 2010-01-01