This report describes the results of the first phase of a research project on the reasons companies terminate employee stock ownership plans (ESOPs). It summarizes interviews with company leaders at former ESOP companies and suggests directions for the quantitative research planned for phase 2 of this project.
This book draws on the National Center for Employee Ownership’s over 20 years of experience in the field, and, more importantly, the experience of the leading employee ownership companies.
This book takes a broad look at how to use incentives, ranging from stock options to cash bonuses to gainsharing, to motivate and reward employees in dynamic companies that seek to create a more productive ‘ownership’ culture.
This report compares the performance of corporations that offer their employees broad-based stock option plans to those that do not offer their employees broad-based stock option plans.
The results of this study showed that ESOP companies perform better in the post-ESOP period than their pre-ESOP performance would have predicted.
This chapter describes how ESOP companies can align expectations and build a culture of ownership; reprinted from “Selling to an ESOP, Sixth Edition.”
Young presents a model of what is required for effective employee ownership. It was derived from a long-term study of ESOP firms. A major finding was that those that were the highest on participation outperformed the ones lowest by 11-17%. She goes on to state that it’s the combining of ownership and participation that generates … Read More