... Participatory management Corporate culture Innovation Customer satisfaction In 2016, the Haier Group, a Chinese firm, acquired the General Electric (GE) Appliance Division. Many feared this would be the end of GE appliances. However, the opposite appears to have occurred. By July 2021, a new $60m...

.../implications This is a single holding company case study, heavily reliant on participant observation by the author. Practical implications This case study describes an innovative ESOP holding company whose design may be replicable. Social implications The social impact is that ESOP-owned holding...

... of plan document language. Findings Workers at Central States Manufacturing – including truck drivers and production workers – build large sums of wealth through the ESOP. Central States innovates in its ESOP by permitting workers to access a portion of their ownership wealth while they are still...