EFES NEWSLETTER - SEPTEMBER 2020
The ESOP is the
most iconic employee share plan in the world. It is
so iconic that it is described as "the" Employee
Stock Ownership Plan (which also brought some confusion).
No
other model involves so many employee shareholders (14
million in the USA). It got the attention of the most
famous employee ownership experts and researchers since
it was launched in 1974.
Every
year, these experts meet in San Diego, California, including
many Europeans. It is the topic of most of the research
and academic works about employee share ownership worldwide.
And
it is the most effective and succesfull employee share
scheme for SMEs.
A
full dedicated library features more than 600 resources
designed to help teaching and research work about employee
share ownership. All information about CLEO Library
can be found here.
How
can we introduce this type of employee share ownership
plan in every European country? A group of European
and American experts explains how in
this publication.
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Press
review
We
have a selection of 19 remarkable articles in 5 countries
in August 2020: Denmark, France, Pakistan, UK, USA.
Denmark: New legislation for employee share ownership
in SMEs planned for 2021.
France: Despite the crisis, employee share ownership
is still a good plan. A case of employee share ownership in
an SME in France: Lucca, New employee share ownership plans
for L'Oréal, for Vinci. New regulations make it easier for
shareholders to take over a business. For the Chinese Huawei,
employee shareholding is of the ESOP type, as in the USA or
the United Kingdom.
Pakistan: Why stock options remain unpopular in Pakistan.
UK: The crisis intensifies for John Lewis. The Covid
will accelerate employee share ownership. Several new companies
under the control of Employee Shareholding Trusts.
USA: Corey Rosen: Employee ownership, the wealth gap,
and the current crisis; . With ESOP plans, employees become
part of the leadership. CLEO Library features more than 600
resources designed to help teaching and research about employee
share ownership.
The full press review is available
on:
http://www.efesonline.org/PRESS
REVIEW/2020/August.htm
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A
political roadmap for employee ownership in Europe
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