EFES NEWSLETTER - MAY 2015
policies for employee share ownership
is the map of European countries encouraging employee
share ownership. In blue, the 12 European countries supporting
employee share ownership through significant fiscal incentives.
This is a minority of Member States in the European Union.
However, this minority of 12 Member States of the EU represents
the lion's share when considering European listed companies,
stock market capitalization and employee share ownership:
72% of all European listed companies, with 72% of employees,
77% of the stock market capitalization, 83% of employee
details in our new publication about "Employee
Share Ownership for Building the Capital Markets Union".
European Commission launched a Green Book and a public
consultation on "building a Capital Markets Union".
It is remarkable that, together with the European Federation
of Employee Share Ownership, several major organizations
representing the full range of private actors of the Capital
Markets Union converge on analysis and proposals about
employee share ownership in Europe, as:
The European Private
Equity & Venture Capital Association
The Federation of
European Securities Exchanges
Better Finance, the
European Federation of Investors and Financial Services
We have a selection of 24 remarkable articles in 5 countries
in April 2015: France, Netherlands, Poland, UK, USA.
France: Dispute about employee share ownership for
Charlie Hebdo. "Macron Law" will reintroduce fiscal
incentives for some employee share schemes. Employee ownership
buy-out for La Redoute. Possible impacts of double voting
rights on employee share ownership in France.
Netherlands: Why fiscal incentives for employee share
ownership don't exist in The Netherlands.
Poland: Employee share ownership for Szczecin Harbour
UK: Tullis Russel collapse; the company was Scotland's
largest employee-owned business.
USA: New ESOP bill introduced in the US House of Representatives
to encourage the creation of ESOPs. A set of new ESOP companies
in April. What is an ESOP and how does it work.
The full press review is available
political roadmap for employee ownership in Europe
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