Volume 44, Number 6 · April 10, 1997
Reinventing the Corporation
By Roger E. Alcaly
RECENT BOOKS DISCUSSED IN THIS ARTICLE
Ownership and Control: Rethinking Corporate Governance for the Twenty-First Century
by Margaret M. Blair
The Brookings Institution, 371 pp., $19.95 (paper)
Reinventing the Workplace: How Business and Employees Can Both Win
by David I. Levine
The Brookings Institution, 222 pp., $16.95 (paper)
Friendly Takeover: How an Employee Buyout Saved a Steel Town
by James B. Lieber
Penguin, 382 pp., $13.95 (paper)
Fat and Mean: The Corporate Squeeze of Working Americans and the Myth of Managerial "Downsizing"
by David M. Gordon
Free Press, 320 pp., $25.00
Strong Managers, Weak Owners: The Political Roots of American Corporate Finance
by Mark J. Roe
Princeton University Press, 324 pp., $18.95 (paper)
Profit Sharing: Does it Make a Difference?
by Douglas L. Kruse
Upjohn, 289 pp., $17.00 (paper)
During the past decade, a major new development in the relations between American workers and businesses has been quietly taking place. Ignored by most business leaders and government officials, it has also been overlooked by the press, which has been preoccupied with the damage downsizing has done to workers' lives. It is a trend toward a new kind of corporate culture in which the interests of managers, shareholders, and workers are closely and deliberately linked. The devices linking them include profit sharing and employee stock-ownership plans.
Review, 5393 words
To read the full text of this piece, please choose one of the following options:
|
If you are already a subscriber to the Review's electronic edition, please sign in: |
To subscribe to the electronic edition, please press the button below. |
To purchase access to this article for $3, please press the button below. |