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EFES NEWSLETTER - MAY 2012
Report
of the public hearing in the European Parliament
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The
Report of the public hearing is now available. The public
hearing in the European Parliament was held on March
22 thanks to Pervenche Berès, Chair of the Committee
on Employment and Social Affairs and with Commissioner
for Internal Market Michel Barnier.
A budget proposal was laid on the table of the Parliament
for supporting the development of employee ownership
in all European countries…
Download
the full Report |
Survey
of employee ownership in European countries in 2011
The new Survey is now available. It is based on the census
of employee ownership in each of all 2.505 largest European
companies, employing 32,8 million people in 2011. Content:
Main findings of census 2011, more than 50 tables and graphs,
democratization ratio of employee ownership in various European
countries, relative shares of Top Executives and other employees,
list of most remarkable cases... More
information
Press
review
We made a selection of 37 remarkable articles in 8 countries
in April 2012: Canada, France, Ireland, India, Italy, South
Africa, UK, USA.
Canada:
Ontario bus drivers want employee ownership before privatization.
France:
New employee share plans for Schneider Electric. France
Telecom: Employee shareholders want dividends to be reduced.
Business transfers to employees are multiplying, especially
through workers' cooperatives. Annual survey 2011: Employee
share ownership and employee savings reach record levels
in France despite the financial crisis.
Ireland:
Since Eircom was first privatised in 1999 it has changed
hands no fewer than five times and current shareholders,
STT of Singapore and the employee share ownership trust,
are wiped out.
India:
ESOPs are still in the hands of top rung in Corporate India,
giving out employee stock options to less than 10% of employees.
Italy:
New call for employee share ownership to be promoted in
Italy as a condition for better corporate governance.
South
Africa: Siemens launches new employee share ownership
trust.
UK:
A new Government initiative is set to boost employee share
ownership. Stewart-Buchanan group has become an employee
owned business in a move that safeguards 150 jobs. Ending
the state monopoly over public services. The Coalition government
is giving public sector workers real control over the services
they provide.
USA:
Some new Employee Stock Ownership Plans (ESOP) owned companies
in April.
The full press review is available
on:
http://www.efesonline.org/PRESS
REVIEW/2012/April.htm
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political roadmap for employee ownership in Europe
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