Summary
The Beyster Institute at the Rady School of Management sees additional nationwide potential for employee-ownership advocacy in the form of educational efforts designed to influence policy on the state level. If undertaken nationwide, such initiatives could dramatically improve not only the welfare of prospective employee owners, but also revitalize an important source of U.S. firms’ competitive advantage in the global marketplace.
The benefits of employee ownership to U.S. firms have long been observed. Although federal support for ESOPs in the U.S. is unmatched elsewhere, there is room for additional encouragement on the state level.