Global Exchanges.
More employers are offering global stock ownership plans as a means of improving recruitment and retention on an international scale Like other high-tech employers, Advanced Micro Devices Inc. In Sunnyvale, Calif., began offering company stock early in its history to foster a spirit of ownership among its...

I'm Okay, Your 401(k): The battle over savings and investment.
In the wake of Enron's collapse, pundits who formerly defined retirement security as a single underfunded plan (Social Security) locked into a single major asset category (U.S. Treasuries) have suddenly discovered "sound investment principles." Enron employees saw the value of their company stock depreciate from a high...

401(k) benefit changes. (Benefits).
While Congress debates new restrictions for 401(k) plans in the wake of the Enron scandal, some large employers are already making changes in their defined contribution retirement plans. According to a survey of 300 employers with a total of more than 22,000 employees conducted by Hewitt Associates...

Groundings of voice in employee rights.
ABSTRACT The 2001 Symposium on Corporate Governance, Stakeholder Accountability, and Sustainable Peace explored possible connections between corporations and sustainable peace. The Symposium's discussions were inspired by the view that liberal values and democratic principles help prevent violent conflict in society. In this Article, the Author discusses the...

Threats to Stock-based Benefits.
Popular with both employers and employees, stock-based benefits are now offered by nearly 56 percent of all U.S. employers, according to the Washington-based American Benefits Council, an employee benefits industry group. And somewhere between seven and 10 million employees participate. But unless the Bush Administration makes some...

Employee ownership in America: the equity solution.
Employee Ownership in America: The Equity Solution. Employee Ownership in America: The Equity Solution. Corey Rosen, Katherine J. Klein, Karen M. Young. Lexington, $19.95. "The problem with capitalism is that there aren't enough capitalists,' Senator Russell Long once said. The shortage, say the authors of Employee Ownership in...

Stock options and optimal overhang.
Here are the key factors for boards to consider when instituting compensation policies that affect overhang. AS THE STOCK MARKET continues to roller coaster -- and economic forecasts from experts vary -- business practices and policies will become more carefully scrutinized under the shareholder microscope. In such...

Union strategies in privatizations: Shakespeare-inspired alternatives.
INTRODUCTION Antony: Let Rome in Tiber melt, and the wide arch Of the ranged empire fall!(1) This article focuses on the strategic choices available to public sector unions facing privatization, and explores several alternative approaches that a union may wish to consider at the outset...

Protecting retirement. (Benefits).
Enron Corp. wasn't the only company to implode last year, but the national attention it got served as one of the most urgent warnings about weaknesses in defined-contribution pension programs. The Pension Protection Act, introduced last year by Reps. Peter Deutsch, D-Fla., and Gene Green, D-Texas, attempts...

NEWS IN BRIEF; P/$ rate closes at P55.77 to $1.
The peso rate closed higher at P55.77 to the US dollar yesterday at the Philippine Dealing System of the Bankers Association of the Philippines from P56.000 the previous day. The weighted average rate appreciated to P55.904 from P55.95. Total volume amounted to $544.55 million. 5 banks OK'd...