The Role of Employee Shareholders in Corporate Governance
This French language doctoral thesis examines the role of employee shareholders in corporate governance, drawing on original interview research.
COVID-19 Resources for Worker Cooperatives, Small Businesses, and Individuals
To our members and the wider cooperative community. We are thinking about you and strategizing about how best to support your businesses and people during the evolving situation. We know that at this point, many of us are receiving information from a multitude of sources, which can feel overwhelming. The USFWC is actively working to curate … Read More
Chatsworth Products, Inc.
This PowerPoint presentation is a case study that is part of Class 4 from the Course: Topics in Corporate Governance: Techniques of Equity Compensation. The case study discusses Chatsworth Products, Inc. (CPI), a leading manufacturer of systems designed to organize, store and secure IT infrastructure equipment. This presentation and case study is part of the … Read More
Change The Game: Saving The American Dream By Closing The Gap Between The Haves And The Have-Nots
The goal of playing the Great Game of Business has always been to find a way to teach the have-nots how the haves make it. It’s about creating and distributing wealth equitably as a way to close those gaps in wealth that plague our society. It’s about changing the game. Change the Game is filled … Read More
Interview with Daphne Berry
In this short video, Dr. Daphne Berry describes why she teaches her students about worker cooperatives and participatory ESOPs.
Employee Ownership and Group Incentives (HRM 533:325)
This course will explore the contemporary revival of interest in broad based employee share ownership structures. We will investigate the legal and policy frameworks that presently structure employee ownership.
Interview with Marshall Vance
In this short video, Dr. Marshall Vance describes his research on equity compensation and its effects. “Different kinds of employees respond differently to equity compensation.”
GPS 2020: Guidance, Procedures, Systems – Combined 4-in-1 Volume
The CEPI provides unbiased guidance and resources for issuers, service providers and auditors. This combined 4-in-1 volume covers Employee Stock Purchase Plans, Restricted Stock and Restricted Stock Units, Performance Awards, and Global Equity Plans. This volume is designed to help prepare people for examinations necessary to achieve the Certified Equity Professional designation from the Certified … Read More
This is What Employee Ownership Looks Like
In this video about North State Grocery, the 100% employee owned chain of grocery stores operating as Holiday Market and Sav-Mor-Foods in Northern California and Oregon, employees describe what employee ownership means to them.
2019 Worker Cooperative State of the Sector Report
The 2019 Worker Cooperative State of the Sector is a report on worker-owned business in the United States. This report, a co-production of Democracy at Work Institute and the US Federation of Worker Cooperatives, draws upon the latest developments in the field. It includes an updated map of metro areas home to concentrations of worker … Read More
Employee-Owned S Corporations of America (ESCA) Featured Videos
Here, Employee-Owned S Corporation of America (ESCA) provides a variety of videos focused on Employee Ownership, including videos capturing “Faces of Employee Ownership,” videos featuring specific companies, and short introductory and informational videos.
Beyond Engagement
The most successful ESOP companies have one thing in common. Their employees are not just motivated and engaged, they are actively engaged in structured opportunities to identify problems and generate new ideas. Open doors are not enough; you need a system that not only makes this possible but makes it part of people’s jobs. This … Read More
Pennsylvania Center for Employee Ownership YouTube Channel
Series of videos about employee ownership produced by the Pennsylvania Center for Employee Ownership. The Millionaire Grocery Clerk At the grocery chain WinCo Foods, grocery clerks become millionaires. How? WinCo is employee owned through an ESOP. ESOPs are a win win win win – businesses get significant tax breaks, owners get paid full fair market … Read More
Broad-Based Employee Stock Ownership: What Makes It Effective in the Management of Human Resources?
Research linking broad‐based employee stock ownership (BESO) with firm performance continues to receive considerable attention both in and outside the field of management. Despite the evidence being generally positive regarding the BESO–firm performance relationship, there has been a relative dearth of research providing insights into the circumstances surrounding the effectiveness of BESO. With this research … Read More
All For One and One For All: A Mechanism Through Which Broad‐Based Employee Stock Ownership and Employee‐Perceived Involvement Practice Create a Productive Workforce
Drawing on social identity theory, this research frames a multimediational model that delineates how broad‐based employee stock ownership (BESO) and employee‐perceived involvement practice in tandem yield a productive workforce at the organization level. In our theoretical model, we propose that social cohesion and voluntary turnover are collective attitudinal and behavioral outcomes resulting from the shared … Read More
A Guide to DOL ESOP Investigations
The first comprehensive analysis of Department of Labor ESOP investigations ever conducted, plus practical advice from experts.
The Road to Inequity is Paved with Good Intentions: Examining the Gender Pay Gap in Equity Awards
Using novel compensation data from two technology organizations that have been recognized as leaders for their gender equality efforts, we show that even when organizations are taking active steps to reduce gender inequality (and thus, likely have the best of intentions), pay gaps between female and male employees continue to exist. Specifically, we find that … Read More
The Relational Production of Workplace Equality: The Case of Worker-Recuperated Businesses in Argentina
Work organizations are commonly studied as sites that produce and reproduce inequality. But we know much less about how organizations promote equality. This article examines efforts to broaden access to power, opportunity, and resources in Hotel Bauen, a worker-recuperated business that was converted from a privately-owned company into a worker-run cooperative. Drawing on extensive ethnographic … Read More
Creating a High-Performing Workplace (MGT 426)
In the 20th century, access to capital was the principal source of economic advantage. The business organizations that dominated the developed economies were those that excelled at acquiring large amounts of capital and deploying it productively to produce the steel, concrete, fuel, transportation and other physical materials that drove economic growth in that period. My … Read More
The New Trusts: Democratic Ownership Beyond the ESOP (Webinar)
The employee stock-ownership plan, or ESOP, is one of the most powerful legal innovations in recent US history. Since its introduction in the mid-1970s, millions of employees have benefited from being co-owners of the companies where they work. But ESOP formation has slowed in recent years, and it has come with shortcomings. A new generation … Read More
The Economic Argument for Stakeholder Corporations
The mainstream economic theory that guides corporations in the US only works if markets are perfectly efficient. This flawed theory has led to corporate decision-making that centers shareholders above all else, including other stakeholders (e.g., workers), long-term business growth, and economic health. This shareholder-first ideology is referred to as “shareholder primacy,” which does not reflect … Read More
The Value of ESOPs in Engineering Firms
While all kinds of businesses become employee stock ownership plan (ESOP) companies, there is a large percentage of engineering firms that have chosen the ESOP structure. Why so?
Level Headed – ESOP of Sundt Construction, Inc.
J. Doug Pruitt talks about the Sundt ESOP program.
Five Myths of Employee Ownership
This presentation discusses five myths surrounding employee ownership…
Distressed ESOP Sales Presentation for Sellers
Developed in 1989, these slides are placed on CLEO for researchers to use to ascertain some of the perceived motivations behind the types of transactions that were being discussed and closed during this period of ESOP history when many of the big, union-oriented ESOPs were being formed.