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An exploration of broad employee ownership and responsible stakeholder management in B corporations

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TitleInfo
Title
An exploration of broad employee ownership and responsible stakeholder management in B corporations
Name (type = personal)
NamePart (type = family)
Winkler
NamePart (type = given)
Anne-Laure
NamePart (type = date)
1973-
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Anne-Laure Winkler
Role
RoleTerm (authority = RULIB)
author
Name (type = personal)
NamePart (type = family)
Finegold
NamePart (type = given)
David L
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David L Finegold
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Advisory Committee
Role
RoleTerm (authority = RULIB)
chair
Name (type = personal)
NamePart (type = family)
Blasi
NamePart (type = given)
Joseph R
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Joseph R Blasi
Affiliation
Advisory Committee
Role
RoleTerm (authority = RULIB)
internal member
Name (type = personal)
NamePart (type = family)
Heckscher
NamePart (type = given)
Charles
DisplayForm
Charles Heckscher
Affiliation
Advisory Committee
Role
RoleTerm (authority = RULIB)
internal member
Name (type = personal)
NamePart (type = family)
Alzola
NamePart (type = given)
Miguel A
DisplayForm
Miguel A Alzola
Affiliation
Advisory Committee
Role
RoleTerm (authority = RULIB)
outside member
Name (type = personal)
NamePart (type = family)
Warren
NamePart (type = given)
Danielle E
DisplayForm
Danielle E Warren
Affiliation
Advisory Committee
Role
RoleTerm (authority = RULIB)
outside member
Name (type = corporate)
NamePart
Rutgers University
Role
RoleTerm (authority = RULIB)
degree grantor
Name (type = corporate)
NamePart
Graduate School - New Brunswick
Role
RoleTerm (authority = RULIB)
school
TypeOfResource
Text
Genre (authority = marcgt)
theses
OriginInfo
DateCreated (qualifier = exact)
2014
DateOther (qualifier = exact); (type = degree)
2014-05
Place
PlaceTerm (type = code)
xx
Language
LanguageTerm (authority = ISO639-2b); (type = code)
eng
Abstract (type = abstract)
As corporate profits, stock valuations and top executive pay reach record levels at the same time that average worker wages remain stagnant and persistently high unemployment devastates many communities, many academics and policymakers are questioning whether the current form of global capitalism is sustainable. The shareholder model that has come to dominate among global corporations privileges the interests of owners over employees, the community and other societal interests. But can alternative models of corporate governance and ownership co-exist that create profitable companies which share these benefits more equitably with employees and other external stakeholders? This dissertation will explore this question by providing one the first rigorous academic analyses of a new corporate standard: B Corporations. The study elaborates on the concepts of employee ownership and responsible stakeholder management (RSM) and further empirically analyzes the relationships between the two. Three core questions delineate this research. Is a firm that adopts a set of strategic human resource practices that treat employees responsibly, also more likely to share ownership broadly with its employees? Are firms with broad employee ownership also more likely to engage in responsible external stakeholder management? And does giving employees greater involvement in running the firm enhance the relationship between broad ownership and RSM? This study relies on a unique sample of 347 private, mostly small-to-medium size firms which have sought B Corporation assessment or certification by the nonprofit B Lab. By investigating a homogeneous sample, this study is able to hold constant key determinants of RSM such as leadership commitment, structure, and culture, and focus on the variation of employee ownership and its relationship with RSM. The results partially support the hypothesis that broad employee ownership is positively associated with external RSM, in particular with a focus on the environment. While hypothesized as a moderator, employee involvement alone acts as a relevant predictor of external RSM. Further research is needed to differentiate employee / manager / founder ownership, and specify the dimensions of RSM. Additional empirical work should evaluate whether similar relationships hold true in public corporations that have different charters and governance relationships.
Subject (authority = RUETD)
Topic
Industrial Relations and Human Resources
RelatedItem (type = host)
TitleInfo
Title
Rutgers University Electronic Theses and Dissertations
Identifier (type = RULIB)
ETD
Identifier
ETD_5552
PhysicalDescription
Form (authority = gmd)
electronic resource
InternetMediaType
application/pdf
InternetMediaType
text/xml
Extent
xv, 162 p. : ill.
Note (type = degree)
Ph.D.
Note (type = bibliography)
Includes bibliographical references
Note (type = statement of responsibility)
by Anne-Laure Pelissier Winkler
Subject (authority = ETD-LCSH)
Topic
Employee ownership
Subject (authority = ETD-LCSH)
Topic
Management--Employee participation
Subject (authority = ETD-LCSH)
Topic
Corporate governance
RelatedItem (type = host)
TitleInfo
Title
Graduate School - New Brunswick Electronic Theses and Dissertations
Identifier (type = local)
rucore19991600001
Location
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NjNbRU
Identifier (type = doi)
doi:10.7282/T37S7M3N
Genre (authority = ExL-Esploro)
ETD doctoral
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Rights

RightsDeclaration (ID = rulibRdec0006)
The author owns the copyright to this work.
RightsHolder (type = personal)
Name
FamilyName
Winkler
GivenName
Anne-Laure
Role
Copyright Holder
RightsEvent
Type
Permission or license
DateTime (encoding = w3cdtf); (qualifier = exact); (point = start)
2014-04-18 13:07:56
AssociatedEntity
Name
Anne-Laure Winkler
Role
Copyright holder
Affiliation
Rutgers University. Graduate School - New Brunswick
AssociatedObject
Type
License
Name
Author Agreement License
Detail
I hereby grant to the Rutgers University Libraries and to my school the non-exclusive right to archive, reproduce and distribute my thesis or dissertation, in whole or in part, and/or my abstract, in whole or in part, in and from an electronic format, subject to the release date subsequently stipulated in this submittal form and approved by my school. I represent and stipulate that the thesis or dissertation and its abstract are my original work, that they do not infringe or violate any rights of others, and that I make these grants as the sole owner of the rights to my thesis or dissertation and its abstract. I represent that I have obtained written permissions, when necessary, from the owner(s) of each third party copyrighted matter to be included in my thesis or dissertation and will supply copies of such upon request by my school. I acknowledge that RU ETD and my school will not distribute my thesis or dissertation or its abstract if, in their reasonable judgment, they believe all such rights have not been secured. I acknowledge that I retain ownership rights to the copyright of my work. I also retain the right to use all or part of this thesis or dissertation in future works, such as articles or books.
RightsEvent
DateTime (encoding = w3cdtf); (qualifier = exact); (point = start)
2014-05-31
DateTime (encoding = w3cdtf); (qualifier = exact); (point = end)
2016-05-30
Type
Embargo
Detail
Access to this PDF has been restricted at the author's request. It will be publicly available after May 30th, 2016.
Copyright
Status
Copyright protected
Availability
Status
Open
Reason
Permission or license
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ETD
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windows xp
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