Why do firms adopt employee ownership? An industry perspective

• Published in: Journal of participation and employee ownership (Online) Vol. 7; no. 1; pp. 66 - 91
• Main Authors: Townsend, Phela, Kruse, Douglas, Blasi, Joseph
• Format: Journal Article
• Language: English
• Published: Bingley Emerald Group Publishing Limited 14.06.2024
• Subjects: Cooperation; Corporate profits; Employee ownership; Employee stock ownership plans; ESOP; Incentives; Information sharing; Productivity; Profit margins; Profitability; Trends; Unionization; Wages & salaries; Wealth distribution; Workers; United States > US

PurposeThis 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 or through industry leaders adopting employee o...