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EFES NEWSLETTER - JANUARY 2020
| France:
On the way for the 10% |
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France decided last year to reach a 10% employee
shareholding target in French economy by 2030.
This basically means doubling the current level in large
listed companies.
On the other hand, everything remains to be done in
French SMEs.
Very ambitious objective!
A working group of experts is now proposing the set
of 13 "strong and disruptive" measures to
reach the target. More
details
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Press
review
We have a selection of 29 remarkable articles in 6 countries
in December 2019: Australia, France, Italy, Japan, United
Kingdom, USA.
Australia: Employee share ownership plans lead to increased
productivity, improved engagement, better retention of staff
and higher financial performance.
France: Measures to be taken to reach the 10% employee
shareholding target by 2030.
New employee share plans for Axa, for EssilorLuxottica, for
Spie. Employee share ownership in SMEs: Aquabio, StellaGroup,
Synergy. End of the workers cooperative in Amneville Zoo.
Italy: Successful Employee share plan for EssilorLuxottica.
The merger of PSA Group and Fiat Chrysler Automobiles
opens new doors for employee share ownership in Italy.
Japan:
Unizo Hotels opt for employee buyout amid takeover battle.
UK: New firms moving to the Employee Ownership Trust
scheme.
USA: Will employee ownership decrease wealth inequality?
- Nuance response from Michael Keeling, going back to the
history of ESOPs in the US. Today the evidence is very strong
that more and more current private company owners are cashing
in their stock holdings by selling their stock to an ESOP...
New Belgium Brewery: Employees approve sale to international
conglomerate. New firms transferred to ESOPs.
The full press review is available
on:
http://www.efesonline.org/PRESS
REVIEW/2019/December.htm
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political roadmap for employee ownership in Europe
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