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040 _cIZA
100 _a Kochan, Thomas A.
_9530
100 _aBlair, Margaret M.
_91419
245 4 _aThe New Relationship: Human Capital in the American Corporation
260 _c2000
_bBrookings Institution Press
300 _a395 pages
340 _hJ5 32
520 _aHuman capital and organizational capital are increasingly important as a source of value in many firms. But even as this is happening, organizational forms and employment relationships appear to be changing in ways that reduce loyalty and commitment and encourage mobility on the part of employees. Are these changes consistent in ways that contradict traditional theory and wisdom, or is the corporate sector getting a temporary boost in earnings by restructuring and cutting payrolls; but failing to make necessary new investments in human capital? The essays in this book provide intriguing new evidence on these questions. The contributors quantify the degree to which job stability is declining, and the costs of job loss to long-term workers; provide historical perspective on today’s workplace changes; explore the reasons why work is being reorganized and decisionmaking tasks are being pushed downward; examine the rationale for and effect of equity-based compensation systems, both in old industries and in the newest high-tech sectors; and assess the “state of the art” of measuring and accounting for investments in human capital. This book is the result of a joint Brookings-MIT conference. In addition to the editors, authors include Eileen Appelbaum, Laurie Bassi, Avner Ben-Ner, Peter Berg, Joseph Blasi, Timothy Bresnahan, Eric Brynjolfsson, Allen Burns, Peter Cappelli, Greg Dow, Lorin Hitt, Douglas Kruse, Baruch Lev, Julia Liebeskind, Jonathon Low, Daniel McMurrer, Louis Putterman, Charles Schultze, and Anthony Siesfeld (Publisher)
650 _aemployee
_9137
650 _aenterprise
_91420
650 _ahuman capital
_91037
650 _alabor relations
_9140
651 _aUSA
_91421
653 _aBusiness
653 _aEconomics
653 _aTheory
856 _3Details (Publisher)
_uhttps://www.brookings.edu/books/the-new-relationship/
942 _cANTH
_2JEL