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Results for: Succession | Showing Results: 1 to 24 | Total Results: 24 | Sort By: Alphabetical Publication Date

Cedarwood School 

The Cedarwood School is currently working to educate employees, build an ownership culture, and eventually phase out the founder. 
Author: The National Center for Employee Ownership
Pub. Date: 2008-03-01

CHART Rehabilitation of Hawaii 

Frieda Takaki took a deep breath, filling her senses. She was about to make a very difficult decision. She took off her shoes, placed them next to her desk and started pacing her office barefoot as she was thinking aloud. “I can’t let this business close down,” she whispered. “I have to do something about it.” The answer was now abundantly clear: why wouldn’t the employees buy the business from the owners? 
Author: Daniel, Shirley J.; Tekin, Ozge
Pub. Date: 2010-03-30

Critical Mass Radio Show Featuring Keith Molchan and Martin Staubus 

This Critical Mass Radio Show discusses why, when and how business owners should choose the ESOP path as the correct succession strategy… 
Author: Franzi, Richard; Molchan, Keith; Staubus, Martin
Pub. Date: 2015-03-17

Employee Share Ownership in Australia: Aligning Interests 

Employee share ownership (ESO) is a human resource or workplace relations strategy that can be used to motivate employees by giving them a stake/share in the company’s success. In 2000, the Nelson Report (Shared Endeavors: An Inquiry into Employee Share Ownership in Australia) highlighted the lack of comprehensive information on the nature, number and extent of ESO plans in Australia. Furthermore, the Nelson Report recommended that the government should investigate the take-up of ESO in Australia and explore the barriers that prevent businesses from setting up ESO plans. 
Author: TNS Social Research
Pub. Date: 2009-01-01

ESOP Basics: When Employee Ownership Makes Sense 

The number of Employee Stock Ownership Plans (ESOPs) in the United States has increased from approximately 200 employing 250,000 workers in 1974 to over 11,000 established ESOPs in 2005 covering an estimated 11 million employees. 
Author:
Pub. Date: 2009-01-01

ESOPs 

ESOPs are a unique combination of a benefit plan and a tool of corporate finance. The value of the plan, as an employee benefit, is directly related to the performance of the company, creating an effective incentive for management and employees to perform well. 
Author:
Pub. Date: 2012-01-01

Level Headed – ESOP of Sundt Construction, Inc.  

J. Doug Pruitt talks about the Sundt ESOP program. 
Author: Pruitt, J. Doug
Pub. Date:

Note on Employee Stock Ownership Plans (ESOPs) and Phantom Stock Plans 

Provides a brief overview of employee stock ownership plans (ESOPs) and phantom stock plans for owners of closely held companies. 
Author: Crane, Dwight B.; Reinbergs, Indra A.
Pub. Date: 2000-11-08

Ohio's Oldest ESOP 

Extending ownership to all employees, involving all in managing the business and tying the compensation to profits brought a renaissance to Alloy Engineering twenty years ago. 
Author: Thomas, Karen
Pub. Date: 2006-06-01

Ottawa Devices, Inc. (B) 

The Rollins family assembly was meeting to choose between several business strategies, including an employee stock ownership plan. 
Author: Reiling, Henry B.; Midgley, Harry C.
Pub. Date: 2004-11-23

Practice Note: Questions and Answers Regarding ESOPs for Family Businesses  

Assessing the applicability of employee stock ownership plans for a family firm requires a basic understanding of their characteristics, followed by a careful analysis of the costs and benefits in the specific case. This note provides general information and offers guides for the critical, specific questions an adviser or owner should ask. 
Author: Hoffmire, John; Willis, James; Gilbert, Ronald
Pub. Date: 1992-01-01

Selling Ownership to an ESOP: An Attractive Route to Cashing Out 

Any business owner who evaluates their succession options without investigating the concept of an employee stock ownership plan will be making a mistake. What is an ESOP, and how does it work? 
Author: Staubus, Martin
Pub. Date: 2012-06-13

Sometimes EXIT is Spelled ESOP 

In this 20-minute radio interview, Martin Staubus, executive director, Beyster Institute at the Rady School of Management is interviewed by host, Bill Black on ExitCoachRadio.com. 
Author: Staubus, Martin
Pub. Date: 2014-02-19

SRC Holdings: The 'Open Book' Management Culture 

The case examines how Springfield Remanufacturing Corporation Holdings (SRC), a key player in the engine and parts remanufacturing market in the US, turned itself around by implementing the 'Open Book Management' (OBM) philosophy. 
Author: Mukund, A.; Neela Radhika, A.
Pub. Date: 2004-01-01

Succession at Berrett-Koehler Publishers: Institutionalizing the “BK Way” and Protecting BK Values for Future Success 

The Berrett-Koehler (BK) case highlights the efforts of a competitively successful, mission-driven, socially responsible publishing company to preserve its values, culture and practices while ensuring continued future success. The case provides an opportunity to cover corporate governance topics such as: ownership structures, shareholder relations, CEO and organizational succession planning, and board roles and responsibilities. 
Author: Silverman, Murray; Baack, Sally
Pub. Date: 2015-06-24

Sundt Construction Company 

Sundt had its share of ups and downs, but in 1992 when J. Doug Pruitt took over as the company’s COO, the company was headed toward bankruptcy. Today, the 100 percent ESOP-owned company operates out of eight offices located in Arizona, California, Texas, and North Carolina, and works on large construction projects in both the public and private sectors... 
Author: Thomas, Jessica
Pub. Date: 2012-01-01

Taking an Employee-Owned Company to the Next Level 

All employee-owned companies must pay attention to succession planning. BL Companies has elected to face this challenge head-on... 
Author: Fischer, Steven R.
Pub. Date: 2014-03-11

The ABCs of ESOPs 

An increasing number of engineering firms are adopting ESOPs because of their many benefits. “We’re seeing a resurgence in them,” says Matheson, managing director of Matheson Financial Advisors in Falls Church, Va. “There’s a growing trend.” 
Author: Rome Levine, David
Pub. Date: 2005-03-01

The ESOP-Owned S Corporation: Bringing Ownership to Life with Synthetic Equity 

The “ESOP-Owned S Corporation” structure offers truly remarkable advantages that can transform a business into a tax-exempt, for-profit entity. 
Author: Staubus, Martin
Pub. Date: 2008-01-01

The Origin and History of the ESOP and Its Future Role as a Business Succession Tool 

The first ESOP (employee stock ownership plan) came into being in 1956. This article describes the origin and history of the ESOP and explains why ESOPs will increasingly become the business succession tool of choice for many owners of privately held businesses. 
Author: Menke, John D.; Buxton, Dickson C.
Pub. Date: 2010-01-01

Topics in Corporate Governance: Techniques of Equity Compensation 

This course is designed to give students the capacity to understand and evaluate the various tools and techniques available under current law and practice for applying corporate equity as a compensation and motivation vehicle for employees. 
Author: Mathews, Anthony
Pub. Date: 2009-09-01

Transitioning Ownership in the Private Company: The ESOP Solution 

Using a leveraged ESOP to buy out a departing or retiring business owner is a strategy with considerable benefits for all involved.  
Author: Staubus, Martin; Bernstein, Ron; Binns, David
Pub. Date: 2005-01-03

United Airlines 

In 1994 United Airlines became the largest employee majority-owned enterprise in the United States, with various groups of employees – most represented by unions – having purchased 55% of its stock in exchange for various concessions. The employees accepted pay cuts and made other concessions, but were also granted representation on the company's board of directors...[newline] 
Author: Kochan, Thomas A.
Pub. Date: 1999-01-01

Using an ESOP to Liquidate a Portion of the Value of a Family Business 

Technically, an ESOP is a retirement plan and serves the purpose of accumulating retirement savings for the company’s employees. In practice, however, they can act as a cash buyer of private company stock, thus creating a source of liquidity for the company’s owners. 
Author: Staubus, Martin
Pub. Date: 2010-03-19