Employee Stock Ownership

Study highlights the role stock ownership plays in the racial wealth gap

Profits generated by publicly traded corporations between 2004 and 2019 amounted to about $13.4 trillion being paid to shareholders in the form of stock buybacks and dividends. But the distribution of those payouts went overwhelmingly to white families, according to data from the Federal Reserve Bank.

About $13 trillion of payments to stock owners went to

Employers need diverse retirement plan solutions now more than ever

If American retirement security is a quilt constructed of employer-sponsored retirement plans, then the pandemic is moth larvae. Financial distress caused by the coronavirus has made it necessary for out-of-work Americans to spend their savings and shuttered companies to cut costs to survive. Workplace retirement plans have been a source of savings and a target

Workers paid by the hour are ‘always going to fall behind,’ making wealth inequality worse

Billionaire tech entrepreneur Mark Cuban has proposed a solution for income inequality that doesn’t involve dismantling capitalism: Business owners should give all their employees equity.

“The biggest issue for entrepreneurs, for capitalists, for those of us who are successful is, if someone is only going to be paid

European start-ups call for stock option reform to help them compete with Silicon Valley

The bosses of 30 European start-ups have called on politicians to reform rules around employee stock ownership to help them attract more talent and compete with their Silicon Valley counterparts.

Chief executives from firms including TransferWise, Stripe, PayPal-owned iZettle and recently listed Farfetch co-signed an open letterurging lawmakers in the continent make

Is Socially Responsible Capitalism Losing?

When companies prize investors above all, they’ll do anything to increase their stock price, and that’s not good for workers.

In December, 2015, a new startup called Juno entered the ride-hailing market in New York City with a simple proposition: it was going to treat its drivers better than its competitors, notably Uber, did theirs—and

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