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Human Capital in the American Corporation
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Human capital and organizational capital are icreasingly important as a source of value in many firms, yet at the same time employment practices appear to be changing in ways that reduce loyalty and commitment and encourage mobility on the part of employees. The essays presented in this volume provide new evidence of the degree to which job stability is declining and the costs of job-loss to long-term workers. They also provide a historical perspective on changes to the workforce at the end of the 20th century and explore why the structure of work and employment is being reorganized.
Margaret M. Blair is a senior fellow in Economic Studies at the Brookings Institution and author of Ownership and Control: Rethinking Corporate Governance for the Twenty-first Century (Brookings, 1995). Thomas A. Kochan is professor of management and codirector of the Institute for Work and Employment at the Sloan School of Management at the Massachusetts Institute of Technology. The author of The Changing Nature of Work: Implications for Occupational Analysis (National Academy Press, 1999), he is currently serving as president of the Induastral Relations Research Association.
"interesting and useful not only for management scholars but also for managers and public policy makers who actually make the decisions" -Joe Mahoney, University of Illinois-Champagne, Academy of Management Review, 12/13/2000 |"The comments by discussants shed light on the issues raised by the authors, and the editors have done a first-rate job of bringing it all together in this volume of readings." -Ira J. Morrow, Lubin School of Business, New York, NY, Personnel Psychology, vol. 55, no.1, 4/1/2002
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