Although the Evergreen Cooperative Laundry will be a small enterprise within the multibillion dollar initiative to redevelop Cleveland’s Greater University Circle area, its many creators have launched it with the expectation that it will play a very large role in establishing a new generation of worker cooperatives in Cleveland.
In the relationship between unions and employee share ownership, neither threatened the other, and their combination led to benefits for employees, particularly where unionized employees were majority owners.
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…
Can a support organization enhance the development and performance of an employee-owned sector in a market economy? That is the question this paper will address.
Using data from an extensive study of employee-owned companies in Ohio, where employee ownership is a well-developed trend, this book offers a strong empirical portrait of firms with Employee Stock Ownership Plans (ESOPs).
The purpose of this paper is to survey and briefly describe employee ownership as practiced in national policy. It is based on materials and references supplied by participants in the ongoing virtual think tank online discussion group on national employee ownership policy sponsored by the Ford Foundation and organized by the Capital Ownership Group at www.cog.kent.edu.