Blasi (2003)

Blasi, Joseph, Douglas Kruse, and Aaron Bernstein. In the Company of Owners: The Truth About Stock Options (And Why Every Employee Should Have Them). Basic Books, 2003.

This book reviews the rationale and impact of stock options grants and profit sharing with a particular focus on the technology industry, concluding that extensive stock option grants are a potential positive for both employees and shareholders. Although it contains little empirical analysis, it includes the most comprehensive bibliography of empirical studies on employee relations that I have seen. Authors Blasi and Kruse are researchers at Rutgers, Bernstein is a journalist at Business Week.