This exploration of how employee ownership fits within South Africa’s Broad-Based Black Economic Empowerment framework was presented as part of the “Employee Ownership in South Africa” session at the 2023 Kelso Workshop. The interview of Shaun Smit, a transaction advisor with Transcend advisors in South Africa, was conducted by Graeme Nutall OBE, Fieldfisher Partner and … Read More
The first comprehensive analysis of Department of Labor ESOP investigations ever conducted, plus practical advice from experts.
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.
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…
Several recent legal events have given the ESOP community a great deal to consider…
Adworkshop currently is considering a transition to 100 percent employee ownership over the next 10 years. Unfortunately, employee stock ownership plan (ESOP) companies have encountered obstacles when trying to participate in procurement programs…
This Review looks at ‘short-termism’ within British business: the pressure to focus on short-term results to the possible detriment of the long-term health of a company, or even a whole industry. The investigation confirmed that short-termism constrains the ambition of UK business, holding back its development and inhibiting economic growth…
When companies are owned by workers and the community—instead of Wall Street financiers—everything changes.
Capitalism is living in interesting times. Politicians, academics and activists around the world are debating the merits of the capitalist system, and how and if it could be improved…
This special edition of The Nation brings together a wide range of articles on new ways to shape capitalism, and to work on economic recovery.
Mid-Missouri Energy is a farmer-owned cooperative created to take advantage of the growing interest in ethanol as an automotive fuel.
This technical note explains how agricultural cooperatives are structured and financed, as well as how they form partnerships with one another and other elements of the food system.
The project subjects the existing regulatory regime for employee share ownership plans in Australia – in tax, corporate and labour law – to technical and empirical scrutiny. This research report presents findings from a survey of employee share ownership practice in ASXlisted companies.
The project subjects the existing regulatory regime for employee share ownership plans in Australia – in tax, corporate and labour law – to technical and empirical scrutiny. This report considers the objectives and current practice in this area and notes that employee ownership levels tend to be lower for unlisted entities than for listed entities. It also examines the regulatory obstacles to such ownership and makes recommendations for reform to facilitate employee ownership in this area.
The recently announced alliance between technology giants General Electric and Google may provide the lobbying arsenal necessary for the U.S. to overhaul an outdated electric grid widely considered as a barricade to a low-carbon future.
Samuel Zell’s acquisition of the Tribune Company in December 2007 using an S corporation employee stock ownership plan (S ESOP) brought S ESOPs to national attention.
Employee Financial Participation: An International Survey provides an overview of key international trends in employee ownership, pension reform, equity compensation, privatization, and employee financial participation in over 30 countries.
The U.S. labor market is the most laissez faire of any developed nation, with a weak social safety net and little government regulation compared to Europe or Japan.
This report looks at the current situation in relation to employee financial participation (EFP) and its recent developments in the new Member States (NMS) of the EU: Bulgaria, Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Romania, Slovakia and Slovenia.
This study seeks to open up an examination of the reasons for implementing an ESO scheme at the enterprise level in Australia, through two interview-based case studies conducted at National Australia Bank Ltd and Palm Springs Ltd.
This study examines the development of economic democracy in the United States since the 1700s with particular emphasis on the last 30 years. The particular focus is on employee ownership…
This paper surveys key issues and themes surrounding ESO schemes in Australia.
In the wake of the spectacular bankruptcies of Enron, United Airlines, and Polaroid, employee stock ownership plans have come under intense media scrutiny during the past year. The staggering losses of employees’ retirement savings have prompted pundits to predict the demise of ESOPs, and politicians to call for regulatory overhaul.
There are at least six reasons why we should be concerned with encouraging employee ownership at thesubnational level: at the level of the state, the province, the region, the municipality, or other subnationalgovernmental units or at the level of the industrial branch, cutting across governmental geographic units.
This analysis examines recent trends in stock ownership and explains the reasons for the dramatic increase in stock ownership among a broader and increasingly diverse number of Americans.