Employee Ownership

Business as a Catalyst: Insights from the International Summit on Alleviating Global Poverty in Spain

Held in Madrid this June, the International Summit on Alleviating Global Poverty brought together heads of state, business leaders, economists, development experts, and civil society advocates from over 70 countries. While past summits have often focused heavily on governmental and nonprofit solutions, this year’s event took a bold turn by emphasizing the transformative

Unlocking Inclusive Capitalism: The Potential for Employee-Owned Companies in India

As India’s economy matures and income inequality is changing, there is growing interest in
business models that promote inclusive growth and shared prosperity. Among these, employee-
owned companies offer a compelling vision for the future. While India has seen widespread
adoption of Employee Stock Option Plans (ESOPs) in the startup and tech sectors, significantly
employee-owned companies—where workers hold more

Amul Milk: A Symbol of Cooperative Success and Empowered Workers in India

Amul Milk, one of India’s most iconic dairy brands, has become a household name synonymous with quality and reliability. Founded in 1946 in the town of Anand in Gujarat, Amul was created as a response to the exploitation of farmers by middlemen. Spearheaded by Tribhuvandas Patel and later driven by the visionary leadership of Dr.

Primer on Employee Stock Ownership Plans (ESOPs) in India

In many parts of the world, the word ESOP carries different connotations and serves distinct purposes. In the United States, ESOPs are typically integrated into the retirement benefits system, regulated under laws like ERISA, and are designed to build long-term wealth as part of an overall retirement strategy. By contrast, Indian ESOPs are structured much

Philosophy and Employee Ownership: Keynote Talk at the Oxford Employee Ownership Symposium 2023

Dear Public Officials, Leaders of Employee Ownership Organizations, and Friends:

I am John Hoffmire, one of the founders of this symposium, and am going to speak for about 25 minutes about Philosophy and Employee Ownership. There will be time for questions and answers at the end of my talk, so please take out your phone or

The Rise of Employee Ownership: How ESOPs Are Expanding Internationally

Employee ownership is gaining momentum worldwide, with businesses increasingly recognizing the benefits of giving employees a stake in the companies they work for. Employee Stock Ownership Plans (ESOPs) and similar models enhance productivity, job satisfaction, and business resilience. While the United States has long been a leader in ESOPs, the concept is expanding rapidly across

The Origins and Growth of Employee Stock Ownership in the United States

Employee stock ownership and Employee Stock Ownership Plans (ESOPs) have become a key component of corporate culture and economic participation in the United States. The concept traces its origins back to the early 20th century but gained significant momentum in the mid-1900s.

The first modern ESOP is credited to Louis O. Kelso, an investment banker and

Employee ownership could be the key to solving our retirement security crisis

At a time when retirement seems out of reach for many Americans, there is clear and convincing evidence that people who work for private businesses with Employee Stock Ownership Plans (S corporation ESOPs) have far greater retirement security than the average American.

That is why when we were in Congress, we led bipartisan legislation to encourage

The Oxford Symposium on Employee Ownership 2023

I’ve just returned after attending the Oxford Symposium on Employee Ownership and wanted to share my experiences of the event. This is the second year that the Symposium has taken place. Organised by Graeme Nuttall OBE and Professor John Hoffmire, the aim is to bring together individuals and organisations active in employee ownership from across

7 ways in which businesses can better address poverty issues

Businesses can play a crucial role in addressing poverty issues in the USA and throughout the world by implementing strategies that promote economic and social equity. Business needs to be part of the equation of alleviating poverty. Ask any one who is struggling financially what would improve their situation and the answer will usually

Can Employee Ownership Help Save Capitalism from Itself?

Corey Rosen, Founder, National Center for Employee Ownership

Johnny’s Pizza House is a chain of 38 company-owned pizza and eleven franchise restaurants in Louisiana, Arkansas, and Mississippi. Johnny’s employees don’t just serve up slices—they get a slice of the company too. Johhny’s is 100% owned by its almost 1,000 employees though an Employee Stock Ownership Plan

Honoring the dignity of employees includes having them own more of the company

George Clason, in his classic book titled “The Richest Man in Babylon,” wrote this line: “A part of all I earned was mine to keep.” In the 1950s, a lawyer named Louis Kelso coined the term “Employee Stock Ownership Plan” (ESOP). The intent of ESOPs is to significantly increase employee incentives and productivity, while giving

Moving Toward 100% Employee Ownership through ESOPs

Download this entire article with all the Exhibits: TischerHoffmireESOP 

The academic and practitioner literature on Employee Stock Ownership Plans (ESOP) has developed significantly over the past decades, particularly with respect to the impact (improved growth and productivity) and different types of ESOPs (leverage and non-leveraged).

Yet, despite ESOPs being well-conceptualised, the deals struck in the real

2020-11-30T04:19:37-06:00

Does Everyone Want To Be An Owner

In theory, employee ownership through an Employee Stock Ownership Plan (ESOP) is an almost perfect idea, since it benefits employees and businesses equally and simultaneously.

Shares are allocated to, rather than purchased by, the employees, which puts ownership within the grasp of many who might never own a business otherwise. Employees have a strong incentive to

2020-09-17T08:47:42-05:00Tags: |

Employee Stock Ownership Plans and Their Effect on Productivity: The Case of Huawei

Employee Stock Ownership Plans (ESOPs) are utilized by many successful companies across the world. This case study describes Huawei, a Chinese telecommunications equipment company, which heavily utilizes ESOP ownership, and applies Huawei’s results to describe ESOPs as a powerful tool for achieving corporate efficiency and growth. Using and analysis of Huawei’s annual reports, we argue

Why Shouldn’t Employees Own More of the Companies They Work For?

Dr. Steven Freeman of the University of Pennsylvania describes that granting ownership rights in corporations to employees has a profound effect on the employees´ commitment to the firms and we had also found that these organisations were using the best HR software by TrustRadius. A higher amount of employee commitment enables companies to

2020-11-11T06:16:46-06:00

Employee Ownership and Employee Health and Wellness

John Raines and Donna Day-Lower write in Modern Work and Human Meaning that “Work is not first of all what we do to “make” a living. Work is human living – human being and human becoming.” Purposeful, rewarding work is a key source of good life, with job satisfaction being strongly linked to overall happiness.

Employee Ownership and the John Lewis Partnership

In a world where much economic wealth revolves around the 1% and where many managers are wondering how to encourage employees to show more “ownership,” the UK-based retailer John Lewis has a novel solution: make employees owners.

The John Lewis Partnership (JLP) comprises 45 John Lewis retail shops (similar to Nordstrom in the US), over 300

Employee Ownership Mutual Funds

When companies participate in an Employee Stock Ownership Plan (ESOP), the results are fairly conclusive. A Rutgers University comparison of benefits between ESOPs and non-ESOPs shows that employee ownership plans are financially beneficial for workers. Individuals who participate in ESOPs are likely to reap greater financial rewards than those whose employer plans are the traditional

How to Save Capitalism

A robust and relatively wealthy middle-class has long been a trademark of the United States. This is still the case, although in recent years we have seen the middle class, as well as the poorest of Americans, lose a portion of their share of the economic pie.

A recent New York Times study shows that America’s

2020-10-28T07:21:43-05:00Tags: |
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