.... If successful, all would share in the profits based on their contribution. In addition, the firm stressed innovation, which could come from anyone. The firm’s organizational structure and processes changed with each new stage of the firm’s development. For example, during its brand-building stage...

.../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...