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1-20 of 34
Keywords: Employee ownership
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Journal Articles
Journal of Participation and Employee Ownership 1–20.
Published: 19 May 2026
...Tej Gonza Purpose This paper examines Slovenia's Employee Ownership Cooperative Act (EOCA), adopted in 2025, which provides a novel legislative framework for the Slovenian Employee Stock Ownership Plan (ESOP) model. The purpose is to analyze how the EOCA translates its statutory objective of “long...
Journal Articles
How ESOPS rescued craft from big beer in the U.S.
Available to Purchase
Journal of Participation and Employee Ownership (2025) 8 (3): 120–133.
Published: 05 November 2025
... Craft beer Employee ownership Worker agency The U.S. beer industry has undergone considerable upheaval over the last 50 years Elzinga (2011) identifies two distinct periods: the first from 1950 to the 1980s (consolidation) with the second, starting in 1980s, and continuing to today...
Journal Articles
Journal of Participation and Employee Ownership (2025) 8 (3): 99–119.
Published: 31 October 2025
...Guy Major; Jonathan Preminger Purpose Employee ownership (EO) and profit sharing have numerous benefits. Employee Ownership Trusts (EOTs) are proliferating, but EO could grow faster by harnessing “non-interfering”, risk-sharing investment. Companies with common ownership (such as EOTs) are at risk...
Journal Articles
The nature and scope of support organizations for employee ownership in the USA: an assessment
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Journal of Participation and Employee Ownership (2025) 8 (3): 49–68.
Published: 21 October 2025
...Derek Charles Jones Purpose This paper contributes to a neglected research area – the nature, role and effects of organizations that support employee ownership. The central issues investigated are: (1) whether there are preferred support organizations (SOs) for employee owned firms (EOFs); (2...
Journal Articles
Acquiring talent: does ownership help?
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Journal of Participation and Employee Ownership (2025) 8 (3): 69–98.
Published: 21 October 2025
... appear to be more risk tolerant than employees in general. Originality/value This study is one of the first to provide empirical evidence on individual-targeted employee ownership offers. Most previous studies have examined broad-based employee stock ownership plans and utilised survey data. Our...
Journal Articles
Sustainability of employee ownership: the role of capital structure in ESOP plan terminations
Open Access
Journal of Participation and Employee Ownership (2025) 8 (1-2): 16–31.
Published: 14 February 2025
... comparative analysis. Findings We find that externally imposed repurchase obligation, the stochastic element to repurchase obligation and the discontinuous vesting of ICA shares undermines the sustainability of employee ownership in the Employee Stock Ownership Plan model. Research limitations...
Journal Articles
Haier’s GE Appliance Division: acquisition and outlook
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Journal of Participation and Employee Ownership (2025) 8 (1-2): 3–15.
Published: 16 December 2024
... deficiency. Frank Shipper is the corresponding author and can be contacted at: fmshipper@salisbury.edu 15 02 2024 24 09 2024 13 10 2024 © Emerald Publishing Limited 2024 Emerald Publishing Limited Licensed re-use rights only Acquisition Employee ownership...
Journal Articles
Why do firms adopt employee ownership? An industry perspective
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Journal of Participation and Employee Ownership (2024) 7 (1): 66–91.
Published: 23 January 2024
...Phela Townsend; Douglas Kruse; Joseph Blasi Purpose This paper offers a new perspective on the potential motivation for the adoption of employee ownership based on market power. Employee ownership may be linked to market power, either through contributing to firm growth that leads to market power...
Journal Articles
Employee ownership in the US: some issues on ESOPs – overcoming the barriers to further development
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Journal of Participation and Employee Ownership (2024) 7 (1): 26–45.
Published: 25 December 2023
...Joseph Blasi; Adria Scharf; Douglas Kruse Purpose This viewpoint will present some statistical information about employee ownership in the US and interpret and analyze this information in order to address the barriers question using material from qualitative interviews that the authors have...
Journal Articles
Three models of employee ownership: worker cooperative, EOT and ESOP – overcoming barriers – important choices – pros and cons
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Journal of Participation and Employee Ownership (2023) 6 (3): 264–280.
Published: 26 September 2023
...Niels Mygind Purpose The purpose of this paper is to compare three models of employee ownership and to identify pros and cons in relation to how the models can overcome the barriers. Which choices are important when defining the overall rules around the models and the specific possibilities...
Journal Articles
Country study on drivers and barriers for employee ownership: the case of MONDRAGON group
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Journal of Participation and Employee Ownership (2023) 6 (2): 166–187.
Published: 24 August 2023
... can be contacted at: sarando@mondragon.edu 30 10 2022 01 02 2023 12 05 2023 06 06 2023 © Emerald Publishing Limited 2023 Emerald Publishing Limited Licensed re-use rights only Employee ownership Worker co-operatives MONDRAGON MONDRAGON Group is often...
Journal Articles
Employee ownership in the UK
Open Access
Journal of Participation and Employee Ownership (2023) 6 (3): 194–214.
Published: 15 August 2023
...Andrew Pendleton; Andrew Robinson; Graeme Nuttall Purpose The paper traces the development of employee ownership in the UK since the 1980s. It proposes that employee ownership is a function of macro-level contexts and micro-level decisions, with the latter framed and guided by the former...
Journal Articles
Employee-owned firms in France
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Journal of Participation and Employee Ownership (2023) 6 (2): 101–127.
Published: 19 July 2023
... and retail trade is much higher (see Figure 2). Figure 2 Compared industry distributions of SCOPs and conventional firms in 2011–2018 (outside agriculture, financial services and real estate) % firms Workplace democracy Employee ownership Worker cooperatives Labour-managed firms...
Journal Articles
Employee ownership in the USA: lessons to consider in creating more inclusive capitalism
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Journal of Participation and Employee Ownership (2023) 6 (3): 215–229.
Published: 11 July 2023
...Corey Rosen Purpose This paper aims to identify the key lessons to learn from the US employee stock ownership plan (ESOP)-model. The lessons are, broad-based employee ownership is difficult to attain and sustain if employees have to use their own money to purchase shares. The paper works better...
Journal Articles
Journal of Participation and Employee Ownership (2023) 6 (2): 128–148.
Published: 27 June 2023
...Marco Lomuscio; Ermanno Celeste Tortia; Andrea Cori Purpose In Italy, worker cooperatives (WCs), whose workers hold major control rights over collectively-owned assets, are the leading vehicle for the promotion and development of employee ownership. Worker cooperatives are present in all regions...
Journal Articles
Employee ownership and firm R&D investment: evidence from China
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Journal of Participation and Employee Ownership (2022) 5 (2): 81–111.
Published: 10 February 2022
...Ting Ren; Youzhi Xiao; Daniel Pinto; Hongyan Yang Purpose As majority of studies of employee ownership (EO) take place in developed markets and primarily focus on the impact on firm performance, scholars have recently called for other markets, especially large developing markets to be considered...
Journal Articles
Employee ownership – pros and cons – a review
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Journal of Participation and Employee Ownership (2021) 4 (2): 136–173.
Published: 17 November 2021
...Niels Mygind; Thomas Poulsen Purpose The purpose of this paper is to give an updated overview of the research on employee ownership. What does the scientific literature reveal about advantages and disadvantages? What can be learned from different models used in Italy, France, Mondragon (Spain), UK...
Journal Articles
When workers matter most: a study of worker cooperatives and the prioritization of workers through COVID-19
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Journal of Participation and Employee Ownership (2021) 4 (2): 106–115.
Published: 15 November 2021
... in October 2019 and ending in September 2020. © Emerald Publishing Limited 2021 Emerald Publishing Limited Licensed re-use rights only Worker cooperatives Employee ownership Covid-19 pandemic Business recovery Business resilience A year and a half into the pandemic, COVID-19...
Includes: Supplementary data
Journal Articles
The response of majority employee-owned firms during the pandemic compared to other firms
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Journal of Participation and Employee Ownership (2021) 4 (2): 92–101.
Published: 10 November 2021
...Joseph Blasi; Douglas Kruse; Dan Weltmann Purpose The purpose of this study is to understand how majority employee-owned firms responded to the pandemic compared to firms that were not majority employee-owned. The Employee Ownership Foundation partnered with Rutgers University and the SSRS survey...
Journal Articles
Member surveys on employee ownership and the COVID-19 pandemic
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Journal of Participation and Employee Ownership (2021) 4 (2): 102–105.
Published: 02 November 2021
...Loren Rodgers 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...
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