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

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

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

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

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

John Hoffmire’s Bio

John Hoffmire is Research Associate at the Centre for Mutual and Co-owned Business at University of Oxford’s Kellogg College. His main areas of expertise are employee ownership, impact investing, entrepreneurship, entrepreneurial finance, crowdfunding, ownership, and wealth.

He is

Inclusive Business Models: Creating Economic Security for Low-Income Communities

In today’s rapidly evolving global economy, inclusive business models are emerging as a transformative force for addressing poverty, inequality, and systemic barriers to opportunity. Unlike traditional business strategies that prioritize profit above all, inclusive business models are

Creating an Informal Network of Employee Ownership Consultants to Help in Countries with Emerging Economies

As you know, we have long celebrated the power and potential of employee ownership to transform businesses and communities. From enhancing productivity to fostering a sense of belonging and mutual success, the benefits are immense. Today, we

Beyond Philanthropy: How Businesses Can Create Lasting Economic Opportunities for Workers

In an era of increasing economic inequality and job insecurity, businesses play a pivotal role not just in creating profits but also in shaping the broader socio-economic landscape. While corporate philanthropy often garners attention for its efforts

Bridging the Divide: Corporate Innovations in Fighting Poverty

In today’s world, the battle against poverty is not solely in the hands of governments and nonprofits. An emerging trend shows that corporations, often seen as profit-driven entities, are increasingly playing a vital role in bridging the

Profits with a Purpose: The Role of Business in Closing the Wealth Gap – A Comparative Look at China and India

As the global economy continues to expand, the wealth gap remains one of the most pressing issues, particularly in emerging markets like China and India. While businesses are often seen as engines of economic growth, the question

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