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 Authors

Year

   Title

Source

seminal

     

ü

Freeman, R.E.

1984

 Strategic Management: A stakeholder approach

Boston: Pitman

ü

Gates, Jeffrey R.

1999

The Ownership Solution: Toward a Shared Capitalism for the 21st Century

Boston: Addison-Wesley

ü

Greenberg, Edward S.

1986

Workplace democracy: the political effects of participation

Ithaca, NY: Cornell University Press

ü

Kelso, Louis O. & Mortimer J. Adler

1958

The capitalist manifesto

Westport, CT: Greenwood Press, Publishers

ü

Kelso, Louis O. & Mortimer J. Adler

1961

The new capitalists: a proposal to free economic growth from the slavery of savings

Westport, CT: Greenwood Press, Publishers

ü

Kelso, Louis O. & Patricia Hetter

1967

How to turn eighty million workers into capitalists on borrowed money

New York: Random House

ü

Kelso, Louis O. & P. H. Kelso

1986

Democracy and economic power: Extending the ESOP revolution

Cambridge, MA: Ballinger Publishing Company

ü

Kruse, Douglas

1984

Employee ownership and employee attitudes: Two case studies

Norwood, PA: Norwood Editions

ü

Pateman, Carole

1970

Participation and Democratic Theory

New York: Cambridge University Press

Important research

   
 

Beatty, A

1995

The cash flow and informational effects of employee stock plans

Journal of Financial Economics

ü

Blasi, Joseph, Michael Conte & Douglas Kruse

1996

 Employee stock ownership and corporate performance among public companies,

Industrial and Labor Relations Review

 

Blasi, Joseph & Douglas Kruse

2007

ESOP Survivor Study

<www.nceo.org/library/esop_perf.html>

ü

Bonin, J.P., D.C. Jones & L. Putterman

1993

Theoretical and empirical studies of producer cooperatives: Will ever the twain meet?

Journal of Economic Literature

 

Brown, Sarah, Fathi Fakhfakh & John G. Sessions

1999

Absenteeism and employee sharing: an empirical analysis based on French panel data, 1981-1991

Industrial and Labor Relations Review

ü

Buchko, A.A.

1992

Employee ownership, attitudes, and turnover: an empirical assessment

Human Relations

ü

Buchko, A.A.

1993

The effects of employee ownership on employee attitudes: An integrated causal model and path analysis

Journal of Management Studies

ü

Conte M & A.S. Tannenbaum

1978

Employee-owned companies: is the difference measurable?

Monthly Labor Review:

 

Craig B. & J. Pencavel

1992

The behavior of worker cooperatives: the plywood companies of the pacific northwest

American Economic Review,

 

Craig B. & J. Pencavel

1993

The objectives of worker cooperatives

Journal of Comparative Economics

 

Craig B. & J. Pencavel

1995

Participation and productivity: a comparison of worker cooperatives and conventional firms in the plywood industry

Brookings Papers on Economic Activity

ü

Estrin, Saul & Derek C. Jones

1992

The viability of employee-owned firms: evidence from France

Industrial & Labor Relations Review

 

Friedman, A.L. & Miles, S.

2002

Developing Stakeholder Theory

Journal of Management Studies

ü

French, J.L.

1987

Employee perspectives on stock ownership: Financial investment or mechanism of control?

Academy of Management Review

ü

French, J.L. & J. Rosenstein

1984

Employee ownership, work attitudes, and power relationships

Academy of Management Journal,

ü

Gamble, John E.

2000

Management commitment to innovation and ESOP stock concentration

Journal of Business Venturing

 

Goldstein, S.G.

1978

Employee share ownership and motivation

Journal of Industrial Relations

ü

Gordon, L.A. & J. Pound

1990

ESOPs and corporate control

Journal of Financial Economics

 

Grunberg, Leon, Sarah Moore & Edward Greenberg

1996

The relationship of employee ownership and participation to workplace safety

Economic and Industrial Democracy

 

Hallock, Daniel E., Ronald J. Salazar & Sandy Venneman

2004

Demographic and attitudinal correlates of employee satisfaction with an ESOP

British Journal of Management,

 

Hammer, T., R. Stern & R. Gurdon

1982

Worker ownership and attitudes toward participation,” In F. Lindenfeld & J. Rothschild-Whitt (Eds.)

Boston, MA: Porter Sargent Publishers

 

Hochner, A. & C.S. Granrose

1985

Sources of motivation to choose employee ownership as an alternative to job loss

Academy of Management Journal

ü

Iqbal, Zahid, Shaikh Abdul Hamid and Jan Tin

2000

Stock price and operating performance of ESOP firms: A time-series analysis

Quarterly Journal of Business and Economics

 

Keef, Stephen P.

1998

The causal association between employee share ownership and attitudes: a study based on the long framework

British Journal of Industrial Relations

 

Klein, Katherine J.

1987

Employee stock ownership and employee attitudes: A test of three models

Journal of Applied Psychology

 

Kruse, Douglas

2002

Research evidence on the prevalence and effects of employee ownership

Journal of Employee Ownership Law and Finance,

 

Kruse, Douglas

1996

Why do firms adopt profit sharing and employee ownership plans?

British Journal of Industrial Relations

ü

Kruse, Douglas & Joseph Blasi

1997

Employee ownership, employee attitudes, and firm performance: a review of the evidence,” in Daniel J.B. Mitchell, David Lewin, and Mahmood Zaidi, eds.,

Handbook of Human Resource Management- Greenwich, CT: JAI Press

 

Kumbhakar, SC & AE Dunbar

1993

The elusive ESOP-productivity link

Journal of Public Economics

ü

Lamberg, Juha-Antti, Grant T. Savage & Kalle Pajunen

2003

Strategic stakeholder perspective to ESOP negotiations: The case of United Airlines

Management

ü

Long, R.J.

1978

The effects of employee ownership on organizational identification, employee attitudes, and organizational performance: A tentative framework and empirical findings

Human Relations

ü

Long, R.J

1978

The relative effects of share ownership vs. control on job attitudes in an employee-owned company

Human Relations

 

Long, R.J.

1978

Employee ownership and attitudes toward the union

Relations Industrielles

ü

Long, R.J.

1979

Desires for and patterns of worker participation in decision making after conversion to worker ownership

Academy of Management Journal

ü

Long, R. J.

1980

Job attitudes and organizational performance under employee ownership

Academy of Management Journal

 

Long, R.J.

1981

The effects of formal employee participation in ownership and decision making on perceived and desired patterns of organizational influence: A longitudinal study

Human Relations

 

Long, R.J.

1982

Worker ownership and job attitudes: A field study

Industrial Relations

 

Marens, R.S., A.C. Wicks & V.L. Huber

1999

Cooperating with the disempowered

Business & Society

 

Mitchell, D.J., D.B. Lewin & E.E. Lawler

1990

Alternative pay systems, firm performance, and productivity,” In A.S. Blinder (Ed.)

Washington, DC: Brookings Institution

 

Oliver, N.

1984

An examination of organization commitment in six workers' cooperatives in Scotland

Human Relations

 

Oliver, N.

1990

Work rewards, work values, and organizational commitment in an employee-owned firm: Evidence from the UK

Human Relations

ü

Onaran, Y.

1992

Workers as owners: An empirical comparison of intra-firm inequalities at employee-owned and conventional companies

Human Relations

 

Park, S. & M. Seng

1995

Employee stock ownership plans, firm performance, and monitoring by outside blockholders

Financial Management

 

Pendleton, Andrew, Nicholas Wilson & Mike Wright

1998

The perception and effects of share ownership: empirical evidence from employee buy-outs

British Journal of Industrial Relations

ü

Pencavel, J., Pistaferri, L. and Schivardi, F.,

2006

Wages, employment, and capital in capitalist and worker-owned firms

Industrial and Labor Relations Review,

ü

Pugh, W. N., S. Oswald & J.S. Jahera

2000

The effect of ESOP adoptions on corporate performance: Are there really performance changes?

Managerial and Decision Economics

ü

Pugh, W. N., J.S. Jahera & S. Oswald

2005

ESOP adoption and corporate performance:  does motive really matter?

Journal of Business and Economic Studies

 

Quarrey, M. & Rosen, C.

1993

Employee ownership and corporate performance

Oakland, CA: National Center for Employee Ownership

 

Rhodes, S.R. & R.M. Steers

1981

Conventional vs. worker-owned organizations

Human Relations

 

Rosen, Corey

2006

New Estimates on the Number of ESOPs, Stock Bonus, and Comparable Plans

http://www.nceo.org/columns/cr211.html

 

Rosen, Corey

1989

Ownership, motivation, and corporate performance: Putting ESOPs to work,” in Gerald Kalish, Ed. ESOPs: The Handbook of Employee Stock Ownership Plans

Chicago: Probus Publishing

 

Russell, R., A. Hochner & S. Perry

1979

Participation, influence, and worker ownership

Industrial Relations

 

Scholes, M. S., & Wolfson, M. A.

1990

Employee Stock Ownership Plans and Corporate Restructuring: Myths and Realities

Financial Management

ü

Schur, Lisa, Adrienne Eaton & Saul Rubinstein

2005

High Involvement Work Systems and Political Efficacy: A Tale of Two Departments.

Dept of Labor Studies and Employment Relations, Rutgers University

 

Tucker, J., S.L. Nock & D. Toscano

1989

Employee ownership and perceptions of work

Work and Occupations

 

U.S. GAO

1987

 Employee stock ownership plans: little evidence of effects on corporate performance

Washington, DC: U .S. General Accounting Office

 

Weston J.F, K.S. Chung & S.E. Hoag

1990

Mergers, Restructuring and Corporate Control

Englewood Cliffs, NJ: Prentice-Hall

 

Wichman, A.

1994

Occupational differences in involvement with ownership in an airline employee ownership program

Human Relations

 

Winther, Gorm & Richard Marens

1997

Participatory Democracy May Go A Long Way: Comparative Growth Performance of Employee Ownership Firms in New York and Washington States

Economic and Industrial Democracy

Related scholarship

   

ü

Pfeffer, Jeffrey

2005

The Myth of the Disposable Worker

Business 2.0

 

Putnam, Robert

2000

 Bowling alone: the collapse and revival of American community

New York: Simon and Schuster

Other books or articles

 

ü

Murphey, D.D.

1990

Employee Ownership: A Rapidly Growing Threat to a Free Market

The Freeman

ü

Nasar, S

1989

The foolish rush to ESOPs

Fortune

 

NCEO

2004

 An Introduction to ESOPs

National Center for Employee Ownership

 

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