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  • Joseph R. Blasi, Richard B. Freeman, and Douglas L. Kruse, Shared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-based Stock Options (University of Chicago Press, 2010), chap. 4, https://www.nber.org/books-and-chapters/shared-capitalism-work-employee-ownership-profit-and-gain-sharing-and-broad-based-stock-options/creating-bigger-pie-effects-employee-ownership-profit-sharing-and-stock-options-workplace.

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This paper uses data from NBER surveys of over 40,000 employees in hundreds of facilities in 14 firms and from...

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