This exploration of how employee ownership fits within South Africa’s Broad-Based Black Economic Empowerment framework was presented as part of the “Employee Ownership in South Africa” session at the 2023 Kelso Workshop. The interview of Shaun Smit, a transaction advisor with Transcend advisors in South Africa, was conducted by Graeme Nutall OBE, Fieldfisher Partner and … Read More
In this workshop, “Research and Teaching about Equity Compensation, Employee Share Ownership and Profit Sharing in Organizations,” expert professors describe a variety of different ways they teach about employee ownership and equity compensation in their university courses–and the resources, videos, and case studies that they use. This workshop features Daphne Berry, Joseph Blasi, and Ed … Read More
In this video workshop, “The Sociology of Worker Ownership: New Data Sets and Research Approaches,” leading researchers introduce datasets that enable the study of worker ownership. The workshop opens with comments from Joyce Rothschild and Joseph Blasi, and is moderated by Adria Scharf. Janet Boguslaw, Laura Hanson Schlachter, Nancy Weifek, and Joseph Blasi present. Sarah … Read More
Using novel compensation data from two technology organizations that have been recognized as leaders for their gender equality efforts, we show that even when organizations are taking active steps to reduce gender inequality (and thus, likely have the best of intentions), pay gaps between female and male employees continue to exist. Specifically, we find that … Read More
This qualitative research project focuses on a compare and contrast between acquisitions by ESOP and Non-ESOP organizations from a consultant’s perspective to obtain a third party viewpoint. Also discussed is a review of the academic literature on Mergers and Acquisitions, the reasons for failures, and possible solutions for successful acquisitions. An ESOP is an Employee … Read More
Carole Pateman argues that democratic participation in the workplace can increase workers’ feelings of political efficacy and political participation. We explore this issue by looking at the implementation of a high involvement work system (HIWS), using both cross-sectional and longitudinal comparisons.
This paper reviews the conflicts of interests introduced by employee participation in the governance of a firm and how these can be constructively resolved by introducing a division of power between investors and employees and/or between management and workers.