Originally published in 1990. Why has the pattern of ownership in British industry changed so dramatically in recent years? This high-level and wide-ranging discussion on the developments of the industrial scene in Britain investigates why such changes have occurred, and explores their impact on management and work relations.

List of Figures; List of Tables; Contributors; Preface; Introduction; Part One: Restructuring; 1. Labour-Capital Partnership: A Political Economy of the Third Way Peter Abell 2. Ownership and Economic Development: The Partnership of Business and Local Government Robert Bennett and John Sellgren 3. Radical Beginnings, Conventional Ends? Organizational Transformation - A Problem in the Development of Radical Organizations Margaret Grieco and Len Holmes 4. The Manor Employment Project: The Conception, Development, and Transition of a Community-Based Employment Initiative Paul Banfield and David Hague 5. Employment Creation Through Community Co-Operation: Celtic Lessons Ray Donnelly; Part Two: Privatization; 6. The Contracting-Out of Ancillary Services in the NHS Christine Cousins 7. Privatization and the Restructuring of a Public Utility: A Case Study of British Telecom's Corporate Strategy and Structure Richard Hallett 8. Private Power and Public Relations: The Effects of Privatization upon Industrial Relations in British Coal Jonathan Winterton 9. A Testing Road for Chinese Industry: The Enterprise Responsibility System (ERS) Li Hong; Part Three: Profit-Sharing, Buy-Outs, and Franchise Ownership; 10. Profit-Sharing and Company Performance: Some Empirical Evidence for the UK Charles Hanson and Robert Watson 11. Options for Workers: Owner or Employee? Harvie Ramsay, Jeff Hyman, Lesley Baddon, Laurie Hunter, and John Leopold 12. The Impact of Profit-Sharing, Worker Participation and Share Ownership on Absenteeism and Quits: Some UK Evidence Nick Wilson and Mike Peel 13. Incentives for Senior Managers: Share Options and Buy-Outs Alistair Bruce, Trevor Buck, John Coyne, and Mike Wright 14. A Chance to be Your Own Boss: The Myth or Reality of Franchise Ownership? Alan Felstead; Part Four: Co-Operatives: Organization and Control; 15. Share-Ownership Co-Operatives - Some Observations Laurence Clarke 16. So How Many Co-Operatives Are There? - A Critical Note on Co-Operative Statistics Phil Hobbs and Keith Jefferis 17. The Organization and Behaviour of UK Worker Co-Operatives: An Empirical Investigation Richard Welford 18. Changing Ownership: Meaning, Culture, and Control in the Construction of a Co-Operative Organization Neil Carter 19. Ownership, Commitment, and Control: The Case of Producer Co-Operatives Nick Oliver and Alan Thomas; Index