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Becoming Employee-Owned: A Small Business Toolkit for Transitioning to Employee Ownership

Democracy at Work Institute | April, 2018

Transitioning your small business to employee ownership can have positive impacts on employee engagement, productivity, and retention; anchor a lasting legacy for your efforts building the business; and offer a financially rewarding exit path that can be supported by experienced professional assistance. Small business owners throughout the United States are increasingly seeing employees as highly … Read More

High Performance Work Systems (MGMT 624-691)

Frank Shipper | September, 2017

The primary aim of this course is to provide an understanding of how organizational systems and individuals interact. In specific, there is a focus on employee ownership structures and business models that contribute to shared prosperity because they are more effective than alternative models.

The ESOP-erative

Martin Staubus | August, 2017

Businesses interested in transitioning into employee ownership are often presented with a structural dilemma: convert into an ESOP or a cooperative? Go for the democratic worker control and participation of a cooperative, or the tax benefits of an ESOP? In this article the author describes how he helped a company, Sun Light & Power, combine … Read More

A Firm of One’s Own 

Corey Rosen | June, 2017

Why a low-cost program to educate employees about company ownership could produce huge financial benefits for the country. 

Firm Foundations for Democracy? Worker Ownership and Control in Advanced Capitalism

Sanjay Pinto | June, 2017

This chapter maps existing patterns of broad-based worker ownership and control in contemporary advanced capitalism and considers future possibilities for expanding democracy within firms. Section one discusses worker ownership and control arrangements in relation to different theories of the firm and shows how these arrangements map onto different national systems. Section two compares Germany, which … Read More

Impact Investing and Employee Ownership

Mary Ann Beyster | May, 2017

The benefits of employee ownership as a strategy for achieving broad-based prosperity are well documented—but the growing field of impact investing has yet to fully recognize the key opportunity employee ownership presents for tackling economic inequality. In this Fifty by Fifty research brief, Mary Ann Beyster explores the existing landscape of employee ownership opportunities for … Read More

Stronger Together? The USW-Mondragon Union Co-op Model

Laura Hanson Schlachter | April, 2017

In 2009, United Steelworkers (USW) and Mondragon signed an agreement to promote union co-ops: firms that combine democratic worker ownership and union membership. Eleven U.S. initiatives now seek to implement the USW-Mondragon union co-op model, prompting a debate about whether unions and worker cooperatives are stronger together. This article draws on a case study of … Read More

Ceding Control: An Experimental Analysis of Participative Management

Jeffrey Carpenter, Peter Hans Matthews, Philip Mellizo | March, 2017

We use an experiment to evaluate the effects of participatory management on firm performance. Participants are randomly assigned roles as managers or workers in firms that generate output via real effort. To identify the causal effect of participation on effort, workers are exogenously assigned to one of the two treatments: one in which the manager … Read More

Governance and Decision Making at Carris Reels

Daphne Berry, David Fitz-Gerald | January, 2017

Synopsis Carris Reels, a reel-manufacturing company headquartered in Vermont, had long-standing goals of being employee owned and governed. They also had a strong organizational (ownership) culture. The Corporate Steering Committee (CSC), a committee composed of representatives from management and non-management employees, and the board of directors had a decision to make about adding two new … Read More

How Did Employee Ownership Firms Weather the Last Two Recessions?: Employee Ownership, Employment Stability, and Firm Survival in the United States: 1999-2011

Douglas Kruse, Fidan Ana Kurtulus | January, 2017

Employee ownership is a situation in which employees have an ownership stake in the firm where they work, through holdings of firm stock. It is a channel through which employees share in the profits of the firm and can vote on important firm decisions and otherwise have increased participation in workplace decisions.

Down Home Capital Report

Patrick McHugh | December, 2016

This 28-page report details the benefits of employee ownership in North Carolina as a way to preserve jobs and enhance community impacts.

Special Section Democracy 2.0

Darcy K. Leach, Elizabeth A. Hoffmann, Joan S. M. Meyers, Joyce Rothschild, Katherine K. Chen, Katherine Sobering, Steven Peter Vallas | December, 2016

This special section of The Sociological Quarterly, edited by Joyce Rothschild includes the following articles: The Logic of a Co-Operative Economy and Democracy 2.0: Recovering the Possibilities for Autonomy, Creativity, Solidarity and Common Purpose by Joyce Rothschild When Freedom is Not an Endless Meeting: A New Look at Efficiency in Consensus-Based Decision-Making by Darcy K. Leach “Plan … Read More

CH2M Hill: A Private Firm in a Public World

Michael Moffet | October, 2016

CH2M Hill was an employee-owned and controlled professional engineering services firm providing engineering, construction, consulting, design and design-build, procurement, engineering-procurement-construction (EPC), operations and maintenance, program management and technical services to customers all over the world. A large portion of the company’s project business was funded by governments. With 5.9 billion in sales in 2015 and … Read More

California Center for Employee Ownership Update: CCEO Comes Online 

Anthony Mathews | June 2016

Last May, we introduced you to a new effort aimed at spreading the word about employee ownership at local and regional levels throughout the country. Building on pioneering efforts in Ohio and Vermont, the idea of proliferating state centers throughout the U. S. was initiated by the National Center for Employee Ownership (NCEO)… 

J. Robert Beyster Papers: A Legacy of Employee-Owners’ Journey for Innovation 

Mary Ann Beyster | March, 2016

In December, my family finalized a very personal, and we hope impactful, gift titled, J.R. Beyster Papers, to UCSD Library’s Special Collections. After about one year of pre-processing, the collection includes more than 200 boxes of documents covering more than 50 years of hundreds of advanced scientific innovations, small- to billion-dollar business experiments, and discontinued to transformational government program development. 

Client Profile: Gems N’ Loans 

Luis Rodríguez Martín | March 2016

In 1993, Mack Hembree, a successful real estate businessman, was invited to invest in opening a business that he had some commonly held reservations about. The business was a pawn shop… By fostering and aligning employee satisfaction, collaboration, and commitment at every level, Mack has developed an ownership culture that differentiates Gems N’ Loans from its peers and has been instrumental in the company’s success.  

Diversity Regimes in Worker Cooperatives: Workplace Inequality Under Conditions of Worker Control

Joan S. M. Meyers, Steven Peter Vallas | January, 2016

Two major shifts in contemporary work organizations—“employee participation” and “diversity management”—have typically been studied in isolation from one another. Building on theoretical work by Acker (2006a,b), we ask how the interaction of these two constructs has affected the pursuit of workplace democracy at two worker cooperatives in Northern California. Using qualitative methods, we find that … Read More

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