Rankings
2006
The European Employee Ownership TOP 100 is designed with respect to two rankings
of Europe's largest companies, considering
employee ownership.
EUROCAP100: Companies are ranked
by equity held by employees, in millions Euro.
Ranking Europe's largest companies that are
partly or totally employee-owned through an
ESOP, share purchase plan, or other share
ownership plans, or as a workers' co-operative.
Click
here for the EUROCAP100 ranking 2006
EUROEMP100:
Companies are ranked by number of employees.
Ranking Europe's largest companies that are
50% or more employee-owned through an ESOP,
share purchase plan, or other share ownership
plans, or as a workers' co-operative. Click
here for the EUROEMP100 ranking 2006
Analysis
In 2006, The Top 100 European companies represent
105 billions Euro held by employees, meaning
a 3.02% average of companies' capitalisation;
for 8.401.799 employees, this is 12.496 €
held by employee in average. Among these Top
100 companies, 32 are French, 26 British,
10 German, 8 Italian, 5 Swiss, 3 Dutch, 3
Irish, 3 Spanish, 2 Austrian, 2 Finnish, 2
Belgian, 2 Swedish, 1 Polish, and 1 from Luxembourg.
The Top 10 companies are: UBS, Total, Novartis,
Mondragon, Deutsche Bank, Société Générale,
BNP Paribas, Crédit Agricole, AXA, Bouygues.
6 French, 2 Swiss, 1 Spanish, 1 German. Their
employees hold 6,16% of their capitalisation,
which means 43.357 Euro by employee, in average.
Our analysis was based upon facts and figures
gathered by screening the 1.000 widest listed
or non-listed European companies. These 1.000
widest companies employ 30 millions employees,
corresponding to one-fourth of the whole European
population if we consider 4 persons per family
as an average.
From our researches we can conclude that 89.9%
of all biggest European companies have employee
share ownership (on the other hand, 80% of
all biggest European companies have share
options). 1.72% of the capitalisation is held
by employees, that is to say 158 billions
Euro held by employees, with an average of
5.300 Euro per employee. France (3,69%) and
Ireland (2,80%) are clearly at the top.
Of course in many widest companies, employee
share ownership just embryonic or insignificant;
however, employee share ownership is to be
considered as "significant" in 35.4% of the
largest European groups. In 17.7% of all European
widest companies, employee share ownership
goes up to 3% of the capital and in 6.4% of
all European widest companies, the share held
by employees is to be considered as strategic,
decisive or controlling.
The share of capital held by employees showing
a significant or controlling position or having
strategic position is certainly the clue of
these crossing researches. It is also the
utmost ratio enabling to evaluate the development
of employee share ownership in biggest companies
across various European countries. Employee
share ownership is significant in 61% of all
largest companies in Ireland, 55% in UK, 53%
in Finland and 51% in France. Within the 25-35%
range, just below the average rate, we find
a set of countries like Norway, Germany, Switzerland,
Austria and Denmark. Belgium is much below,
with only 18%, close to Italy (20%), The Czech
republic (17%) and Spain (15%). 89,9% of European
widest companies have employee share ownership
(while 80% have share options).
Click
here for a short analysis of the Top 100 in
2006 Click
here for the full PowerPoint presentation
Full
database
The European Employee Ownership Top 100 rankings
are just the tip of the iceberg. As the rankings
have been based on the screening of the 2.000
biggest capitalisations among European listed
companies (all capitalisations of 200 millions
Euro or more) and the 200 biggest non-listed
ones. The full database will be soon made
available. Send
us a message for more information
Sixth
European Meeting of Employee Ownership
Rankings 2006 have been first published during
the Sixth European Meeting of Employee Ownership
on 14-16 December 2006 in Brussels. Click
here for all presentations of the conference
Partnership
The European Employee Ownership Top 100 will
be yearly updated and published. We are still
looking for partners and sponsors for this
project.
Send
us a message for more information.
