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EFES NEWSLETTER - SEPTEMBER 2016

Economic freedom

A remarkable research work reports a strong correlation between employee ownership incidence and the index of economic freedom.

The author, Ricardo Machado of Porto School of Management (Portugal), aims to understand the determinants of the implementation of economic democracy, measured by the incidence of employee share ownership plans, within the European Union countries.

The full  publication about "The Determinants of Employee Ownership Plan Implementation in EU Countries - the Quest for Economic Democracy" is available for download here.

Press review
We have a selection of 43 remarkable articles in 12 countries in July and August 2016: Canada, China, France, Germany, India, Ireland, Italy, Poland, Spain, UK, USA, South Africa.
Canada: Liberal Government finally preserves favourable treatment of stock options.
China: Decision to pilot an employee stock ownership plan (ESOP) in some state-owned enterprises.
France: Total's Board approves ambitious plan to increase employee share ownership. New employee share plans for Natixis, for Vallourec, for Axa. Workers' cooperatives seen as a corporate alternative model. Hard debates about corporate governance at EDF.
Germany: British Classic Motor Cars company turning to employee ownership.
India: All you want to know about ESOP taxation.
Ireland: Employees should not be liable to tax on the exercise of share options.
Italy: Banca MPS requested to promote employee shareholders rights in the framework of its new recapitalization. Ubisoft bets on employee share ownership to counteract Vivendi's offensive.
Poland: About Vice-Prime Minister Morawiecki's intention to promote employee ownership in Poland.
UK: New firms turning to the Employee Ownership Trust scheme.
USA: Employee ownership gaining popular and political support as the political season heats up. Financing an ESOP.
South Africa: Sharing profits may be better for staff than owning shares.

Den vollständigen Presseüberblick erhalten Sie unter:
              http://www.efesonline.org/PRESS REVIEW/2016/August.htm 


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   Mit besten Grüßen

 

 
 

Marc Mathieu
Generalsekretär
EFES - EUROPEAN FEDERATION OF EMPLOYEE SHARE OWNERSHIP
EFAK - EUROPÄISCHE FÖDERATION FÜR ARBEITNEHMERKAPITALBETEILIGUNG
Avenue Voltaire 135, B-1030 Brüssel
Tel: +32 (0)2 242 64 30 - Fax: +32 (0)2 808 30 33
E-mail: efes@efesonline.org
Web site: www.efesonline.org
Die EFES ist die Dachorganisation für kapitalbeteiligte Arbeitnehmer, Unternehmen und jeder Person, Gewerkschaft, Experte, Forscher, Institution, die Arbeitnehmerkapitalbeteiligung in Europa fördern wollen.

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