Author Description

Amer. co s. would perform much better if they followed the lead of many high-tech firms & granted stock options (SO) to their entire workforce, rather than to just a tiny corp. elite. Documents the vast wealth executives have accum. for themselves & shows how the abuse of SO has taken place not just at scandal-ridden co s. such as Enron & WorldCom but across the entire reach of corp. Amer. Broad employee ownership through SO offers a new model for U.S. corp. Employees & shareholders alike would benefit if most large co s. adopted what they call the partnership capitalism approach -- using SO to encourage employees to think & act like owners. A vision for how SO can enrich co s., employees, investors, & the U.S. economy as a whole.