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It's time to change public opinion about corporate profits one way is to make use of profit sharing plans to link pay to profit.
Mid-Atlantic Journal of Business, April, 1989 by Fosbre, Anne B.
IT'S TIME TO CHANGE PUBLIC OPINION ABOUT CORPORATE PROFITS ONE WAY IS TO MAKE USE OF PROFIT SHARING PLANS TO LINK PAY TO PROFIT
After a half century of expanding federal involvement in business enterprise, decontrol and deregulation are now the new watchwords. Favorable attitudes toward business investment, expansion, and risktaking reversed a fifty-year period of regulation, confrontation, and heavy taxation. "Make U.S. business competitive in the world economy" is today's need and slogan. If the profit and loss system is the force that stimulates business, cooperation between the public sector and labor is essential. While corporate profits may be the force that energizes business, opinion toward them has shown marked swings. This study is directed to the...
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