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List of employee-owned companies

From Wikipedia, the free encyclopedia

This is a list of notable employee-owned companies by country. These are companies totally or significantly owned (directly or indirectly) by their employees.[1]

Employee ownership takes different forms and one form may predominate in a particular country. For example, in the U.S. over 5,700 of the roughly 6,400 employee-owned companies have an Employee Stock Ownership Plan (ESOP).[2] An ESOP is an employee-owner method that provides a company's workforce with an ownership interest in the company. In an ESOP, companies provide their employees with stock ownership, often at no up-front cost to the employees. ESOP shares, however, are part of employees' remuneration for work performed. Shares are allocated to employees and may be held in an ESOP trust until the employee retires or leaves the company. The shares are then sold.

Worker cooperatives are another form of employee ownership wherein workers are exclusive owners and managers of the firm, with one vote per employee in democratic decision-making.

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Transcription

Canada

India

Japan

Scandinavia

Spain

United Kingdom

United States

See also

References

  1. ^ "What is Employee Ownership?". EOA. 3 May 2020. Retrieved 3 May 2020.
  2. ^ "EO Companies | Certified EO". www.certifiedeo.com. Retrieved 2023-10-25.
  3. ^ Dubovoj, Sina. "Nihon Keizai Shimbun, Inc". International Directory of Company Histories. Gale. Retrieved 2022-08-14 – via Encyclopedia.com.
  4. ^ "Evergreen Cooperatives". Retrieved 13 February 2019.
  5. ^ "A Thirty-Year Gift: GLBC Announces ESOP - Great Lakes Brewing Company". www.greatlakesbrewing.com. Retrieved 13 February 2019.
  6. ^ Francis, Theo (2007-01-22). "Inside Eileen Fisher's employee stock plan". Pittsburgh Post-Gazette. PG Publishing Co., Inc. Retrieved 2014-07-22.
  7. ^ "Who We Are". nb.com. Retrieved July 6, 2021.
  8. ^ Matt Owen (January 12, 2021). "Taylor Guitars is now 100% owned by its employees". Guitar World.

External links

This page was last edited on 10 April 2024, at 02:04
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