Slide Presentation on ESOPs and ESOP Acquisition Research
This is a slide presentation that Dr. Suzanne Cromlish developed for her classes. It introduces ESOPs and summarizes her research findings on ESOP acquisitions.
Is an ESOP Right for Your Remodeling Business?
In this podcast Anthony Mathews discusses succession planning, exploring questions including: What type of company sets up an ESOP? What is the process of establishing an ESOP? What are some of the challenges companies face? What makes an ESOP different than a 401k or other plan? What are the tax advantages? How does having many … Read More
Journal of Participation and Employee Ownership (JPEO) in the Changing World of Participative Work Practices and Pay
Work practices and modes of pay have changed in recent decades. The combination of an increasingly educated work force, new information and communication technologies, the influx of AI and big data into business practices from production and sales to human resources, the increased importance of teamwork and the growth of non-standard work arrangements which blur … Read More
The Economics of Participation and Employee Ownership (PEO): an Assessment
Purpose The purpose of this paper is to discuss diverse matters concerning the field of Participation and Employee Ownership (PEO) coinciding with the launch of the JPEO. Design/methodology/approach This paper used mixed methods including bibliometric analysis. Findings Significant gaps exist in our knowledge of the scope and nature of PEO. Citation counts illustrate both the changing … Read More
The ESOP-erative
Businesses interested in transitioning into employee ownership are often presented with a structural dilemma: convert into an ESOP or a cooperative? Go for the democratic worker control and participation of a cooperative, or the tax benefits of an ESOP? In this article the author describes how he helped a company, Sun Light & Power, combine … Read More
A Firm of One’s Own
Why a low-cost program to educate employees about company ownership could produce huge financial benefits for the country.
Governance and Decision Making at Carris Reels
Synopsis Carris Reels, a reel-manufacturing company headquartered in Vermont, had long-standing goals of being employee owned and governed. They also had a strong organizational (ownership) culture. The Corporate Steering Committee (CSC), a committee composed of representatives from management and non-management employees, and the board of directors had a decision to make about adding two new … Read More
Employee Ownership: Building a Better American Economy
This easy-to-read guide to employee ownership introduces what employee ownership means and how it works, interspersing information with company profiles. Also see the companion website at www.esopinfo.org.
Employee Ownership and Union Labor: the Case of United Steel Workers of America
Union–management relations in the U.S. are best described as adversarial. However, under certain circumstances, they can become cooperative. One example of the latter was the role of trade unions in the conversion of firms to employee ownership. Firm ownership (entrepreneurship, capitalism) by employees has increased in recent years. Specifically, we focus on the use of … Read More
Down Home Capital Report
This 28-page report details the benefits of employee ownership in North Carolina as a way to preserve jobs and enhance community impacts.
California Center for Employee Ownership Update: CCEO Comes Online
Last May, we introduced you to a new effort aimed at spreading the word about employee ownership at local and regional levels throughout the country. Building on pioneering efforts in Ohio and Vermont, the idea of proliferating state centers throughout the U. S. was initiated by the National Center for Employee Ownership (NCEO)…
The ESOP-Owned S Corporation: Bringing Ownership to Life with Synthetic Equity (2016)
The “ESOP-Owned S corporation” structure offers truly remarkable advantages that can transform a business into a tax-exempt, for-profit entity. An S corporation whose stock is held in an ESOP, of course, pays no federal income tax (and little or no state income tax) at the corporate level…
J. Robert Beyster Papers: A Legacy of Employee-Owners’ Journey for Innovation
In December, my family finalized a very personal, and we hope impactful, gift titled, J.R. Beyster Papers, to UCSD Library’s Special Collections. After about one year of pre-processing, the collection includes more than 200 boxes of documents covering more than 50 years of hundreds of advanced scientific innovations, small- to billion-dollar business experiments, and discontinued to transformational government program development.
Client Profile: Gems N’ Loans
In 1993, Mack Hembree, a successful real estate businessman, was invited to invest in opening a business that he had some commonly held reservations about. The business was a pawn shop… By fostering and aligning employee satisfaction, collaboration, and commitment at every level, Mack has developed an ownership culture that differentiates Gems N’ Loans from its peers and has been instrumental in the company’s success.
The 100 Percent ESOP-Owned S Corporation
When structured and maintained properly, the 100 percent ESOP-owned S Corporation can be a powerful force of employee ownership…
This Is the Largest Employee-Owned Company in the U.S.
This Fortune Magazine video describes employee ownership at Publix Super Markets, the largest employee-owned company operating in the United States.
The 3rd Way: Economic Reform or Social Revolution – the Solution to Income Inequality – Building “Inclusive Capitalism” Through Employee Ownership – How Wealth is Created
The authors offer a bipartisan exploration of employee ownership, its history, and the simple, common sense policies to help this proven wealth building approach grow exponentially.
Compensation, Funding, and Ownership (ENTR 599)
This course is presented from the perspective of the entrepreneur and employee owner. The seven week course will cover the critical steps of equity and employee ownership; founding your own company or joining a start–up, successfully navigating funding rounds, deploying your equity to incentivize employees and encourage long–term growth, or negotiating through an exit.
Employee Ownership, ESOPs, Wealth, & Wages
This paper by Jared Bernstein shows that employee ownership appears to have a small equalizing impact on wealth and wage distributions.
Does an ESOP Make Sense? Craft Beer’s Growth and Consolidation
The consolidation and sale of some beloved brands to Big Beer has raised eyebrows and piqued new questions about the industry’s identity. The good news is the industry is still expanding with more than 4,000 U.S. craft breweries, over 100 in San Diego alone, and there is an opportunity for employee stock ownership plans (ESOPs) to play a larger role in the industry’s future.
Looking for Mr. GoodTrustee
The purpose of this brief article is to suggest an interview script that reflects a list of areas that an ESOP company should want to understand completely before handing over this extremely important role to an outsider…
Huawei’s Employee Stock Ownership Plan and its Effect on Productivity: A Comparative Analysis of the 2010–2014 Financial Data of Huawei and ZTE
In this paper, we first examine whether Huawei has an advantage over ZTE following the strategic restructurings in 2011, and then retest the hypothesis on the positive effect of an ESOP on Huawei’s competitive position…
Why H-E-B’s Texas Supermarket Competitors Should Be Scared
A favorite question of mine for any CEO: What’s the toughest thing about your business? I guarantee you any executive in the supermarket industry will rank among his or her top headaches the hiring and retention of good people, in an industry where service quality increasingly is the mark of differentiation, and worker turnover is … Read More
It’s Your Money and Your Life!: Interview with Martin Staubus
This interview with Martin Staubus discusses employee stock ownership plans (ESOPs). As Executive Director of the Beyster Institute at UCSD, Staubus has extensive experience in workplace issues and the challenges and opportunities of implementing ESOPs.
Mitigating Risk to Maximize the Benefits of Employee Ownership
This report has two goals. The first goal is to answer questions about undue risk in order to prevent companies from adopting employee ownership structures that endanger workers and jeopardize the collective benefits of broad-based sharing. The second goal is to help create widespread support for policies that would encourage greater adoption of beneficial employee … Read More