The Analysis of Firms and Employees

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226042898
Total Pages : 398 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis The Analysis of Firms and Employees by : Stefan Bender

Download or read book The Analysis of Firms and Employees written by Stefan Bender and published by University of Chicago Press. This book was released on 2009-05-15 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: The long-term impact of globalization, outsourcing, and technological change on workers is increasingly being studied by economists. At the nexus of labor economics, industry studies, and industrial organization, The Analysis of Firms and Employees presents new findings about these impacts by examining the interaction between the internal workings of businesses and outside influences from the market using data from countries around the globe. The result is enhanced insight into the dynamic interrelationship between firms and workers. A distinguished team of researchers here examines the relationships between human resource practices and productivity, changing ownership and production methods, and expanding trade patterns and firm competitiveness. With analyses of large-scale, nationwide datasets as well as focused, intensive observation of a few firms, The Analysis of Firms and Employees will challenge economists, policymakers, and scholars alike to rethink their assumptions about the workplace.

Private Equity at Work

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Author :
Publisher : Russell Sage Foundation
ISBN 13 : 1610448189
Total Pages : 395 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis Private Equity at Work by : Eileen Appelbaum

Download or read book Private Equity at Work written by Eileen Appelbaum and published by Russell Sage Foundation. This book was released on 2014-03-31 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: Private equity firms have long been at the center of public debates on the impact of the financial sector on Main Street companies. Are these firms financial innovators that save failing businesses or financial predators that bankrupt otherwise healthy companies and destroy jobs? The first comprehensive examination of this topic, Private Equity at Work provides a detailed yet accessible guide to this controversial business model. Economist Eileen Appelbaum and Professor Rosemary Batt carefully evaluate the evidence—including original case studies and interviews, legal documents, bankruptcy proceedings, media coverage, and existing academic scholarship—to demonstrate the effects of private equity on American businesses and workers. They document that while private equity firms have had positive effects on the operations and growth of small and mid-sized companies and in turning around failing companies, the interventions of private equity more often than not lead to significant negative consequences for many businesses and workers. Prior research on private equity has focused almost exclusively on the financial performance of private equity funds and the returns to their investors. Private Equity at Work provides a new roadmap to the largely hidden internal operations of these firms, showing how their business strategies disproportionately benefit the partners in private equity firms at the expense of other stakeholders and taxpayers. In the 1980s, leveraged buyouts by private equity firms saw high returns and were widely considered the solution to corporate wastefulness and mismanagement. And since 2000, nearly 11,500 companies—representing almost 8 million employees—have been purchased by private equity firms. As their role in the economy has increased, they have come under fire from labor unions and community advocates who argue that the proliferation of leveraged buyouts destroys jobs, causes wages to stagnate, saddles otherwise healthy companies with debt, and leads to subsidies from taxpayers. Appelbaum and Batt show that private equity firms’ financial strategies are designed to extract maximum value from the companies they buy and sell, often to the detriment of those companies and their employees and suppliers. Their risky decisions include buying companies and extracting dividends by loading them with high levels of debt and selling assets. These actions often lead to financial distress and a disproportionate focus on cost-cutting, outsourcing, and wage and benefit losses for workers, especially if they are unionized. Because the law views private equity firms as investors rather than employers, private equity owners are not held accountable for their actions in ways that public corporations are. And their actions are not transparent because private equity owned companies are not regulated by the Securities and Exchange Commission. Thus, any debts or costs of bankruptcy incurred fall on businesses owned by private equity and their workers, not the private equity firms that govern them. For employees this often means loss of jobs, health and pension benefits, and retirement income. Appelbaum and Batt conclude with a set of policy recommendations intended to curb the negative effects of private equity while preserving its constructive role in the economy. These include policies to improve transparency and accountability, as well as changes that would reduce the excessive use of financial engineering strategies by firms. A groundbreaking analysis of a hotly contested business model, Private Equity at Work provides an unprecedented analysis of the little-understood inner workings of private equity and of the effects of leveraged buyouts on American companies and workers. This important new work will be a valuable resource for scholars, policymakers, and the informed public alike.

The Role of Firms in Wage Inequality Policy Lessons from a Large Scale Cross-Country Study

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264900225
Total Pages : 186 pages
Book Rating : 4.2/5 (649 download)

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Book Synopsis The Role of Firms in Wage Inequality Policy Lessons from a Large Scale Cross-Country Study by : OECD

Download or read book The Role of Firms in Wage Inequality Policy Lessons from a Large Scale Cross-Country Study written by OECD and published by OECD Publishing. This book was released on 2021-12-09 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Even though firms play a key role in shaping wages, wage inequality and the gender wage gap, firms have so far only featured to a limited extent in the policy debates around these issues. The evidence in this volume shows that around one third of overall wage inequality can be explained by gaps in pay between firms rather than differences in the level and returns to workers’ skills.

Shared Capitalism at Work

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Publisher : University of Chicago Press
ISBN 13 : 0226056961
Total Pages : 433 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Shared Capitalism at Work by : Douglas L. Kruse

Download or read book Shared Capitalism at Work written by Douglas L. Kruse and published by University of Chicago Press. This book was released on 2010-06-15 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: The historical relationship between capital and labor has evolved in the past few decades. One particularly noteworthy development is the rise of shared capitalism, a system in which workers have become partial owners of their firms and thus, in effect, both employees and stockholders. Profit sharing arrangements and gain-sharing bonuses, which tie compensation directly to a firm’s performance, also reflect this new attitude toward labor. Shared Capitalism at Work analyzes the effects of this trend on workers and firms. The contributors focus on four main areas: the fraction of firms that participate in shared capitalism programs in the United States and abroad, the factors that enable these firms to overcome classic free rider and risk problems, the effect of shared capitalism on firm performance, and the impact of shared capitalism on worker well-being. This volume provides essential studies for understanding the increasingly important role of shared capitalism in the modern workplace.

The Peter Principle

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Publisher :
ISBN 13 : 9781788166058
Total Pages : 192 pages
Book Rating : 4.1/5 (66 download)

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Book Synopsis The Peter Principle by : RAYMOND. HULL HULL (RAYMOND. PETER, DR LAURENCE J.)

Download or read book The Peter Principle written by RAYMOND. HULL HULL (RAYMOND. PETER, DR LAURENCE J.) and published by . This book was released on 2020-10 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a hierarchy, every employee rises to the level of their own incompetence.This simple maxim, defined by this classic book over 40 years ago, has become a beacon of truth in the world of work. From the civil service to multinational companies to hospital management, it explains why things constantly go wrong: promotion up a hierarchy inevitably leads to over-promotion and incompetence. Through barbed anecdotes and wry humour the authors define the problem and show how anyone, whether at the top or bottom of the career ladder, can avoid its pitfalls. Or, indeed, avoid promotion entirely!

The Changing Nature of Work

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Author :
Publisher : National Academies Press
ISBN 13 : 0309172926
Total Pages : 376 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Changing Nature of Work by : National Research Council

Download or read book The Changing Nature of Work written by National Research Council and published by National Academies Press. This book was released on 1999-09-07 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although there is great debate about how work is changing, there is a clear consensus that changes are fundamental and ongoing. The Changing Nature of Work examines the evidence for change in the world of work. The committee provides a clearly illustrated framework for understanding changes in work and these implications for analyzing the structure of occupations in both the civilian and military sectors. This volume explores the increasing demographic diversity of the workforce, the fluidity of boundaries between lines of work, the interdependent choices for how work is structured-and ultimately, the need for an integrated systematic approach to understanding how work is changing. The book offers a rich array of data and highlighted examples on: Markets, technology, and many other external conditions affecting the nature of work. Research findings on American workers and how they feel about work. Downsizing and the trend toward flatter organizational hierarchies. Autonomy, complexity, and other aspects of work structure. The committee reviews the evolution of occupational analysis and examines the effectiveness of the latest systems in characterizing current and projected changes in civilian and military work. The occupational structure and changing work requirements in the Army are presented as a case study.

Firms of Endearment

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Publisher : Pearson Education
ISBN 13 : 0133382591
Total Pages : 316 pages
Book Rating : 4.1/5 (333 download)

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Book Synopsis Firms of Endearment by : Rajendra Sisodia

Download or read book Firms of Endearment written by Rajendra Sisodia and published by Pearson Education. This book was released on 2014 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today's best companies get it. From retail to finance and industries in between, the organizations who recognize that doing good is good business are becoming the ultimate value creators. They're changing their culture and generating every form of value that matters: emotional, experiential, social, and financial. And they're doing it for all their stakeholders. Not because it's simply politically correct, because it's the only path to long-term competitive advantage. These are the firms of endearment. Companies people love doing business with, working for and collaborating with as partners. Since the publication of the First Edition, the concept of corporate social responsibility has become embraced as a valid, important, and profitable business model. It is a trend that has transformed the workplace and corporate world. This Second Edition updates the examples, cases, and applications from the original edition, giving readers insight into how this hallmark of the modern organization is practiced today.

Training and Employment Report of the Secretary of Labor

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Author :
Publisher :
ISBN 13 :
Total Pages : 432 pages
Book Rating : 4.:/5 (4 download)

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Book Synopsis Training and Employment Report of the Secretary of Labor by : United States. Department of Labor

Download or read book Training and Employment Report of the Secretary of Labor written by United States. Department of Labor and published by . This book was released on 1988 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Growth of Firms

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 1848449100
Total Pages : 209 pages
Book Rating : 4.8/5 (484 download)

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Book Synopsis The Growth of Firms by : Alex Coad

Download or read book The Growth of Firms written by Alex Coad and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research into firm growth has been accumulating at a terrific pace, and Alex Coad s survey of this multifaceted field provides a detailed, comprehensive overview of the latest developments. Much progress has been made in empirical research into firm growth in recent decades due to factors such as the availability of detailed longitudinal datasets, more powerful computers and new econometric techniques. This book provides an up-to-date catalogue of empirical work, as well as a coherent theoretical structure within which these new results can be interpreted and understood. It brings together a large body of recent research on firm growth from a multidisciplinary perspective, providing an up-to-date synthesis of stylized facts and empirical regularities. Numerous empirical findings and theories of firm growth are also surveyed and compared in order to evaluate their validity. Drawing on a vast and diverse body of research, this book will prove invaluable to students, academics, policy makers and practitioners with a need to keep abreast of studies in industrial organization, firm growth and management.

The Future of the Public's Health in the 21st Century

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Author :
Publisher : National Academies Press
ISBN 13 : 0309133181
Total Pages : 536 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Future of the Public's Health in the 21st Century by : Institute of Medicine

Download or read book The Future of the Public's Health in the 21st Century written by Institute of Medicine and published by National Academies Press. This book was released on 2003-02-01 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: The anthrax incidents following the 9/11 terrorist attacks put the spotlight on the nation's public health agencies, placing it under an unprecedented scrutiny that added new dimensions to the complex issues considered in this report. The Future of the Public's Health in the 21st Century reaffirms the vision of Healthy People 2010, and outlines a systems approach to assuring the nation's health in practice, research, and policy. This approach focuses on joining the unique resources and perspectives of diverse sectors and entities and challenges these groups to work in a concerted, strategic way to promote and protect the public's health. Focusing on diverse partnerships as the framework for public health, the book discusses: The need for a shift from an individual to a population-based approach in practice, research, policy, and community engagement. The status of the governmental public health infrastructure and what needs to be improved, including its interface with the health care delivery system. The roles nongovernment actors, such as academia, business, local communities and the media can play in creating a healthy nation. Providing an accessible analysis, this book will be important to public health policy-makers and practitioners, business and community leaders, health advocates, educators and journalists.

Conscious Capitalism, With a New Preface by the Authors

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Author :
Publisher : Harvard Business Review Press
ISBN 13 : 1625271751
Total Pages : 368 pages
Book Rating : 4.6/5 (252 download)

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Book Synopsis Conscious Capitalism, With a New Preface by the Authors by : John Mackey

Download or read book Conscious Capitalism, With a New Preface by the Authors written by John Mackey and published by Harvard Business Review Press. This book was released on 2014-01-07 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: The bestselling book, now with a new preface by the authors At once a bold defense and reimagining of capitalism and a blueprint for a new system for doing business, Conscious Capitalism is for anyone hoping to build a more cooperative, humane, and positive future. Whole Foods Market cofounder John Mackey and professor and Conscious Capitalism, Inc. cofounder Raj Sisodia argue that both business and capitalism are inherently good, and they use some of today’s best-known and most successful companies to illustrate their point. From Southwest Airlines, UPS, and Tata to Costco, Panera, Google, the Container Store, and Amazon, today’s organizations are creating value for all stakeholders—including customers, employees, suppliers, investors, society, and the environment. Read this book and you’ll better understand how four specific tenets—higher purpose, stakeholder integration, conscious leadership, and conscious culture and management—can help build strong businesses, move capitalism closer to its highest potential, and foster a more positive environment for all of us.

Pension Plans and Employee Performance

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Author :
Publisher : University of Chicago Press
ISBN 13 : 9780226384559
Total Pages : 296 pages
Book Rating : 4.3/5 (845 download)

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Book Synopsis Pension Plans and Employee Performance by : Richard A. Ippolito

Download or read book Pension Plans and Employee Performance written by Richard A. Ippolito and published by University of Chicago Press. This book was released on 1997 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chief economist for the Pension Benefit Guaranty Corporation and formerly with the U.S. Department of Labor, Richard A. Ippolito shows how pension plans can attract and retain more dedicated and productive workers. He also offers a blueprint for revising the social security plan with work incentives that would strengthen the system's financial condition.

A Report on equal employment opportunity and affirmative action in the southern California aerospace industry

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Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis A Report on equal employment opportunity and affirmative action in the southern California aerospace industry by :

Download or read book A Report on equal employment opportunity and affirmative action in the southern California aerospace industry written by and published by . This book was released on 1988 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Using Employee Level Data in a Firm Level Econometric Study

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Publisher : CIRANO
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Using Employee Level Data in a Firm Level Econometric Study by : Jacques Mairesse

Download or read book Using Employee Level Data in a Firm Level Econometric Study written by Jacques Mairesse and published by CIRANO. This book was released on 1999 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we make the general point that econometric studies of the firm can be effectively and substantially enriched by using information collected from employees, even if only a few of them are surveyed per firm. Though variables measured on the basis of the answers of very few employees per firm are subject to very important sampling errors, they can be usefully included in a model specified at the firm level. In the first part of the paper, we show that in estimating parameters of interest in a regression model of the firm, the biases arising from the sampling errors in the employee based variables can be assessed, as long as we have a large enough sub-sample of firms with at least two or with more (randomly chosen) surveyed employees. As an illustration in the second part of the paper, we consider the estimation of the relationship between the firm average wage (directly obtained from the firm accounts) and estimates of the proportion of female workers based on the gender of one, two or three surveyed employees per firm. As a test, we compare the estimates that we find in this way with those using the employees), which we could also directly obtain at the firm level from a firm survey. The analysis is performed on two linked employer-employee samples of about 2500 firms in the French manufacturing and services industries in 1987 and 1993, with one, two or three surveyed employees per firm (for respectively 75%, 15% and 10% of the firms).

Reinventing the Workplace

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Publisher : Brookings Institution Press
ISBN 13 :
Total Pages : 248 pages
Book Rating : 4.4/5 (91 download)

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Book Synopsis Reinventing the Workplace by : David I. Levine

Download or read book Reinventing the Workplace written by David I. Levine and published by Brookings Institution Press. This book was released on 1995 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the evidence of its benefits, substantive employee involvement in the work place isn't present in the U.S. work force. In this volume, the author explores the obstacles to the spread of substantive employee involvement, which include legal barriers, capital markets that discourage investment in people, organizational inertia, and the costs of implementation.

Principles of Management

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Publisher :
ISBN 13 : 9781998109166
Total Pages : 0 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis Principles of Management by : David S. Bright

Download or read book Principles of Management written by David S. Bright and published by . This book was released on 2023-05-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Black & white print. Principles of Management is designed to meet the scope and sequence requirements of the introductory course on management. This is a traditional approach to management using the leading, planning, organizing, and controlling approach. Management is a broad business discipline, and the Principles of Management course covers many management areas such as human resource management and strategic management, as well as behavioral areas such as motivation. No one individual can be an expert in all areas of management, so an additional benefit of this text is that specialists in a variety of areas have authored individual chapters.

Economy and Business in the Age of Digitalization

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Publisher : HOLISTENCE PUBLICATIONS
ISBN 13 : 6256942493
Total Pages : 250 pages
Book Rating : 4.2/5 (569 download)

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Book Synopsis Economy and Business in the Age of Digitalization by : Prof. Dr. Mehmet ŞAHİN - Prof. Dr. Özge UYSAL ŞAHİN

Download or read book Economy and Business in the Age of Digitalization written by Prof. Dr. Mehmet ŞAHİN - Prof. Dr. Özge UYSAL ŞAHİN and published by HOLISTENCE PUBLICATIONS. This book was released on 2023-10-03 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today, we see rapid change and transformation in many areas. One of the most important reasons for this situation is the unstoppable progress of technology. The 21st century has been the age of digitalization. Technology significantly affects the functioning of almost every sector, from education to art, from tourism to sports. In such an environment where digital tools are very decisive, the economy and business life are also affected by these developments. Many issues such as working conditions, employment potential, insurance system, economic development processes, and the structure of monetary and financial instruments are adapting to the digitalizing world. This editorial book includes studies, created by precious researchers, on how the economy and business world are affected and shaped in the digital age. We hope that this work, which includes the precious studies on the effects of digitalization on the economy and business life, will be useful for readers and researchers.