by: Kruse, Douglas; Blasi, Joseph
Source: The National Center for Employee Ownership
In the largest and most significant study to date of the performance of employee stock ownership plans (ESOPs) in closely held companies, Douglas Kruse and Joseph Blasi of Rutgers have found that ESOPs appear to increase sales, employment, and sales per employee by about 2.3% to 2.4% per year over what would have been expected absent an ESOP.
Link: Largest Study Yet Shows ESOPs Improve Performance and Employee Benefits
Publication Date: 2002-01-01