[wpietri]

What's your evidence?

Typically, people who are involved in decisions feel much more engaged in dealing with the results. My expectation is that if something happened to the company, his employees would be much more loyal. Certainly if I worked for him, I'd be willing to take some bad times with the good times.

The one open-books company I visited had extremely loyal employees and great camaraderie. Causality is hard to untangle there, but it's not unreasonable that this is much smarter that the "Mine! It's all mine!" approach to employee relations that is a common alternative.

[ghostdiver]

at the end of the day for most of employees all that matters is how much money lands in their pocket

if they wanted to be business partners they wouldn't become employees in first place

[wpietri]

I don't believe that first sentence is true. The studies I've seen for programmers put money relatively far down on their list of priorities. See McConnell's Rapid Development for a summary of the research.