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Purpose

To gather data about how employee-owned companies performed during the COVID-19 pandemic and whether employee ownership was a competitive advantage.

Design/methodology/approach

Surveys of members of the National Center for Employee Ownership.

Findings

Employee-owned companies were more likely to have positive than negative outcomes and many attribute part of their success to their employee ownership structure.

Research limitations/implications

Data was from NCEO member companies and not a representative sample of employee-owned companies.

Practical implications

Companies should consider employee ownership as a strategy; employee-owned companies should consider employee engagement efforts.

Originality/value

This includes the first data gathered specifically on employee-owned companies during the pandemic.

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