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Employee-Owned Firms in the COVID-19 Pandemic: How Majority-Owned ESOP & Other Companies Have Responded to the Covid-19 Health and Economic Crises

October, 2020

This significant new study shows that majority employee-owned companies with Employee Stock Ownership Plans (ESOPs) are outperforming non-employee owned companies during the COVID-19 pandemic in the areas of job retention, pay, benefits, and workplace health safety. The study reveals that ESOPs have been more proactive about ensuring the safety of employees during the pandemic and … Read More

Policy Strategies to Build a More Inclusive Economy with Cooperatives

Brett Theodos, Corianne Payton Scally, Leiha Edmonds | October, 2020

This report describes the role cooperatives can play in building healthy, equitable, and sustainable communities, and explains how to advance that work through federal, state, and local policy. The policy objectives presented are intended not to simply grow the field of cooperatives, but to enhance the work of cooperatives that address economic and racial disparities … Read More

Gardner Denver: Implementing an Employee Equity Plan

Adam Blumenthal, Jaan Elias, James Quinn | September, 2020

As KKR, a private equity firm, prepared to take Gardner-Denver, one of its portfolio companies, public in mid-2017, a discussion arose on the Gardner-Denver board about the implications of granting approximately $110 million in equity to its global employee base as part of its innovative “broad-based employee ownership program.” KKR (formerly known as Kohlberg Kravis … Read More

PDS: Ring-Fencing the Ranch

Dennis Campbell, Kerry Herman, Tarun Khanna | September, 2020

Pallak Seth, Group CEO of PDS Multinational Fashions, is contemplating options to bring better collaboration across his global apparel supply chain platform. PDS, a group of 50-plus subsidiary companies, each led by its own CEO and with different apparel industry specialties, has grown rapidly over the past decade, yet the industry is increasingly competitive and … Read More

We Are Owners

EA Engineering | August, 2020

EA is a 100% employee-owned public benefit corporation that provides environmental, compliance, natural resources, and infrastructure engineering and management solutions to a wide range of public and private sector clients. Headquartered in Hunt Valley, Maryland, EA employs more than 500 professionals through a network of 25 commercial offices across the continental United States, as well … Read More

Race, Equity and the Transformative Power of Employee Ownership: A Conversation with Todd Leverette

Karen Kahn, Todd Leverette | July, 2020

This interview with Todd Leverette explores how employee ownership could address the racial wealth gap and benefit Black and brown communities. “Employee ownership gives Black and brown workers the ability to both build wealth and improve the quality of their jobs through actually having a voice in not just their day-to-day activities but in the … Read More

Latinx Co-op Power in the U.S.

Esther West, Jessica Gordon Nembhard | July, 2020

Latinx people have long been an influential and integral part of the U.S. cooperative movement. Several Latinx-led organizations, such as Prospera in Oakland and Green Worker Cooperatives in the Bronx, have strongly influenced activity and models of cooperatives in their own localities and nationally. Furthermore, individual cooperative members who identify as Latinx bring their own … Read More

Guidelines for Equitable Employee Ownership Transitions: How Investors, Founders, and Employees Can Share in the Value Created by Broadly Held Enterprise Ownership

Hilary Irby, Jessica Rose | June, 2020

These Guidelines for Equitable Employee Ownership Transitions are a collaborative work of practitioners and thought leaders in the fields of investment management, employee ownership, and socially responsible business who believe deeply in the promise of shared enterprise ownership to build a more just and inclusive economy.  

Cooperatives in New Orleans: Collective Action and Urban Development

Anne Gessler | June, 2020

Cooperatives have been central to the development of New Orleans. Anne Gessler asserts that local cooperatives have reshaped its built environment by changing where people interact and with whom, helping them collapse social hierarchies and envision new political systems. Gessler tracks many neighborhood cooperatives, spanning from the 1890s to the present, whose alliances with union, … Read More

The Case for Employee Ownership

Hilary Abell | May, 2020

The case for employee ownership is undisputed. As philanthropists and government leaders grapple with how to address both long-entrenched and newly-emerging forms of economic insecurity, there is no better time to look to effective but lesser-known solutions, such as employee ownership. Even before the economic crisis brought on by COVID-19, income and wealth inequality and downward economic mobility for frontline workers were truths so obvious that one could visually observe them in most communities. Now, more than ever, we need solutions that create economic resiliency for workers and local economies.

Toward a New Democracy: Why the Coronavirus Crisis is an Opportunity to Reshape the Relationship Between Workers and Their Employers

Christopher Mackin | March, 2020

The most fundamental tragedy of the coronavirus crisis is human. It is lives being lost. Somewhere close behind is the feeling of desperation shared by working people. In an economy where it is estimated that 50 percent of the labor force survives from paycheck to paycheck, we are facing an economic crisis of unprecedented proportions that exposes a fundamental flaw in our widely accepted idea of the relationship between working people and their places of work.

Chatsworth Products, Inc.

Anthony Mathews

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

A Cooperative Story N° 8 Up & Go, New York, USA

January, 2020

Up & Go is a digital platform where people can book cleaning services. It is also a cooperative owned by worker-owned cleaning cooperatives. This video includes voices of immigrant worker-owners, and reflections about the importance of organizing workers in the digital gig “platform economy.”  

Employee-Owned Firms: Why and How

Avner Ben-Ner | January, 2020

Dr. Avner Ben-Ner was recognized for his entire body of work at the 2020 Workshop in Honor of Louis O. Kelso. See slides from the presentation using the Resource Link below. See the video presentation here. Avner Ben-Ner is a Professor in the Center for Human Resources and Labor Studies in the Carlson School of Management at … Read More

Interview with Avner Ben-Ner

Patrik Witkowsky | January, 2020

In this short video, Dr. Avner Ben-Ner describes his research on equity compensation and its effects. “Employee ownership is a complex and yet very simple straightforward idea.”

2019 Worker Cooperative State of the Sector Report

Tim Palmer | January, 2020

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

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