The history of partnership capitalism -- It all began with Shockley -- The soul of a new corporation : how high-tech companies institutionalized partnership capitalism -- The soul of an old corporation : from Thales to executive stock options -- Sharing the company with employees -- How...

This paper uses data from NBER surveys of over 40,000 employees in hundreds of facilities in 14 firms and from employees on the 2002 and 2006 General Social Surveys to explore how shared compensation affects turnover, absenteeism, loyalty, worker effort, and other outcomes affecting workplace...