These Workers Act like Owners (Because They Are)
Unlike so many other chief executives, Cecil Ursprung will never be accused of losing sight of his shareholders. He sees them every day—in the parking lot, in the hallways, even on the factory floor.
The Entrepreneur’s Guide to Equity Compensation
The Entrepreneur’s Guide to Equity Compensation is a comprehensive overview of employee ownership practices and practicalities.
ESOP Strength in Minnesota
Why ESOPs work well for Minnesota companies. The state of Minnesota claims more ESOPs per capita than any other state.
Employee Share Ownership Schemes: Two Case Studies
This study seeks to open up an examination of the reasons for implementing an ESO scheme at the enterprise level in Australia, through two interview-based case studies conducted at National Australia Bank Ltd and Palm Springs Ltd.
The Political Economy of Employee Ownership in the United States: From Economic Democracy to Industrial Democracy?
This study examines the development of economic democracy in the United States since the 1700s with particular emphasis on the last 30 years. The particular focus is on employee ownership…
Insuring the Future: Foundation Secure, Co-Founder Focuses On Giving Back
Oswald Trippe & Co. will celebrate its 25th anniversary this year, but longevity isn’t what cofounder and chief executive officer Gary Trippe lists as his top accomplishment.
Employee Ownership Measures Up: A Discussion Guide for Corporate Citizenship, Sustainability and Social Accounting
Every employee owner worries about the bottom line. But, successful employee owners look beyond the here and now.
What is an Employee Cooperative? How Does It Work?: An Introduction for Employee-Members
An employee cooperative is a membership organization set up to market the labor and skills of its members through owning a business.
Employee Ownership Indices and Investment Funds in the U.S. 1992–Present
Provides a detailed slide presentation related to the history and experience os employee ownership indices and mutual funds in the United States.
Wages, Employment, and Capital in Capitalist and Worker-Owned Firms
The authors investigate how worker-owned and capitalist enterprises differ with respect to wages, employment, and capital in Italy, the market economy with the greatest incidence of worker-owned and worker-managed firms.
Binary Economics: The Economic Theory that Gave Rise to ESOPs
ESOPs are part of a broader approach to expanded capital ownership, broader prosperity, and economic justice known as binary economics. Binary economics was first advanced by Louis Kelso, who is also widely known as the inventor of the ESOP.
Give Everyone a Prize? Employee Stock Options in Private Venture-Backed Firms
This study investigates the impacts on the equity values of private venture-backed firms of the organizational depth to which they grant employee stock options.
eBay, Inc.: Stock Option Plans (A, B)
The footnote disclosure for eBay, Inc. in 2000 indicates that if the company had accounted for employee stock options under the fair value method, its reported profit of $48 million would have been a loss of $91 million.
The Straight Scoop on ESOPs: Why Is This Employee Benefit Plan So Popular in the Engineering Industry?
Why is this employee benefit plan so popular in the engineering industry?
Alpine Lumber: A Strategic Combination of Acquisitions, Value-Added Services and…
Growth rarely comes without growing pains, especially in the Darwinian world of retail. One of the major challenges for any successful business is managing growth by planning and executing effective strategies.
Financial Valuation of Employee Stock Ownership Plan Shares
It is estimated that more than 20 million employees currently hold stock in their companies through a variety of benefit options, including employee stock ownership plans (ESOPs), broadly granted stock options, or 401(k) plans with heavy concentrations of employer stock.
Every Employee an Owner. Really.
Study after study proves that broad-based ownership, when done right, leads to higher productivity, lower workforce turnover, better recruits, and bigger profits. ‘Done right’ is the key.
Employee Share Ownership Schemes in Australia: A Survey of Key Issues and Themes
This paper surveys key issues and themes surrounding ESO schemes in Australia.
The Southwest Airlines Way: Using the Power of Relationships to Achieve High Performance
The Southwest Airlines Way examines how the company uses high-performance relationships to create enormous competitive advantage in motivation, teamwork, and coordination among employees.
The 1042 Roll-Over Cooperative in Practice: A Case Study of How Select Machine Became a Co-Op
On September 30, the seven employees of Select Machine, in Brimfield, Ohio, began to purchase their company from the two retiring owners, Doug Beavers and Bill Sagaser, using an employee-owned cooperative.
The ABCs of ESOPs: Employee Stock Ownership Plans Are Making Ownership Succession a Success
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.”
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.
Broad-Based Employee Stock Options in the U.S.: Company Performance and Characteristics
This paper analyses data on 490 companies with broad-based stock option plans, matched to data from Compustat in order to compare their characteristics and performance to that of other public companies.
Productivity in Cooperatives and Worker-owned Enterprises: Ownership and Participation Make a Difference!
The survival rate of worker cooperatives and employee-owned firms in market economics appears to equal or surpass that of conventional firms. But they typically return a different combination of economic benefits to their member-owners than do conventional firms…
Broad-Based Stock Options: Before and After the Market Downturn
We examine labor productivity in small, medium, and large firms that broadly distribute stock options under starkly different market conditions – during the bull (1995-1997) and bear (2000-2002) stock markets. We find greater labor output in both upward and downward markets in all firm size categories, with the exception of small firms in a declining market, where the productivity is also greater, but the statistical significance of the result is weak.