Questions: How do women fare in ESOPs? How do women in ESOPs compare to women not in ESOPs? Summary: Some gender differences in the larger society are reflected in ESOP companies. There are fewer women than men in ESOPs. Within ESOPs there are fewer women in top management and highly trained/high pay occupations. Women in … Read More
Question: How does the involvement of employee owners in ESOP companies in making various workplace decisions compare to employee involvement in non-ESOP companies? Answer: Comparing ESOP vs non-ESOP workers, ESOP workers showed greater involvement in work organization, scheduling, and safety, but lower involvement in setting pay/benefits compared with the non-ESOP workers. However, ESOP companies tend … Read More
A major theoretical objection against employee ownership is that workers become inadequately diversified and exposed to excessive financial risk. Recent theory concludes that 10-15% of a worker’s wealth portfolio can be prudently invested in employer stock provided the rest of the portfolio is properly diversified. This paper analyzes employee share ownership in U.S. family financial … Read More