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Resurrected, Recovered, But Still Didn’t Survive? A Case Study on the Viability of Employee-Owned Companies

Olaf Kranz, Thomas Steger | July, 2016

Correspondingly, in the long-standing literature about EOCs, there seems to be a consensus regarding the rather limited viability of democratic organizational forms. Although the explanations, mainly based on microeconomic models, differ in the causal mechanisms explaining EOCs’ short average lifespan. In this paper, we challenge the conventional wisdom about the reasons for the limited viability … Read More

Employees’ Low Pay Satisfaction: Possible Solutions?

Kyoung Yong Kim | February, 2023

Question: How satisfied are employees with their pay in ESOP firms, and what are the possible solutions to employees’ low pay satisfaction? Answer: In this group of nine ESOP firms, some employees report that they are paid an above-average wage, but some report they are paid a below-average wage. Those with a below-average wage are … Read More

PayPal and the Financial Wellness Initiative

Sarah Kalloch, Zeynep Ton | November, 2022

In 2015, PayPal and new CEO Dan Schulman embarked on a new mission: using technology to democratize financial services. But when they assessed the financial wellness of their entry-level and frontline employees, they found that their own employees were struggling financially; 65% of respondents to a survey reported that they ran out of money between paychecks. … Read More

Can Cooperatives/Employee-Owned Businesses Improve ‘Bad’ Jobs? Evaluating Job Quality in Three Low-Paid Sectors

Sarah Jenkins, Wil Chivers | September, 2021

Job quality has received increased attention from academics and policy makers across industrialized countries. Yet, there has been limited assessment of how job quality is impacted by different organizational forms, including cooperatives and employee-owned businesses (EOBs). Although there has been growing interest in how cooperatives/EOBs impact on employee outcomes, comprehensive assessments of the range and … Read More

Broad-Based Equity Compensation, Employee Turnover, and Unit Performance

Marshall Vance | January, 2013

This study, which consists of two essays, examines the performance effects of a deferred equity plan on both individual employee and business unit outcomes. The first essay investigates the effects of deferred compensation plan characteristics on voluntary turnover decisions, using detailed data on store-level employees of a large retail firm. Overall, I find that employees … Read More

Somewhere Between Complacency and Fear 

Loren Rodgers | September, 2012

Cecil Ursprung, the former CEO of Reflexite Corporation, once described his ideal organizational culture as being a permanent ‘state of mild dissatisfaction.’ You may not agree with the word ‘dissatisfaction,’ but I expect you would agree that innovation flourishes when employee owners are constantly seeking ways to improve the company and that happens when employees are not satisfied with the status quo. Creative energy flows when people refuse to walk away from situations that are ‘good enough.” 

Client Profile: n-Link Corporation 

Ron Zollars | September, 2011

n-Link Founder Sandra Green explains that in the early days she wasn’t exactly certain what employee ownership entailed but knew intrinsically that it was a good thing for the company and the employees. 

Employees Matter: Maximizing Company Value Through Workforce Engagement

Anne Claire Broughton | June, 2011

Increasing numbers of businesses view their employees not as a mere cost but as invaluable contributors for business success. These firms are implementing strategies to fully engage employees at all levels. The Employees Matter report identifies sixteen fast growing entrepreneurial firms that employ employee ownership and engagement strategies which they perceive as directly linked with improved business performance. Eight other notable companies with key lessons to share are included as sidebar profiles. 

Creating a Bigger Pie? The Effects of Employee Ownership, Profit Sharing, and Stock Options on Workplace Performance 

Christopher Mackin, Douglas Kruse, Joseph Blasi, Richard B. Freeman | April, 2008

This paper uses data from NBER surveys of over 40,000 employees in hundreds of facilities in 14 firms and from employees on the 2002 and 2006 General Social Surveys to explore how shared compensation affects turnover, absenteeism, loyalty, worker effort, and other outcomes affecting workplace performance. 

The Lure of ESOPs 

Eleanor Beaton | June, 2007

This year’s survey of Canada’s Fastest-Growing Companies shows that PROFIT 100 leaders consider employee share-ownership plans (ESOPs) part of the solution to help attract, motivate and retain top talent. 

Hy-Vee’s Winning Ways 

Steven Rubow | January, 2007

Here’s why Hy-Vee is successful as a chain and as a marketer of its private brands: Location, Ownership, Organization, Brands, Promotion and Customer Focus. 

Sportasia LTD.: A Community Company

Alan Coad | January, 2002

Evident in the case are important themes such as the transformational leadership of its senior management, the effective use of human resource strategies to control organisational growth, and the adoption of values similar to Charles Handy’s ‘Citizen Corporation’. 

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