Why the U.S. Needs More Worker-Owned Companies
AUGUST 8, 2018
The social impact funds want to support it for social reasons, whereas hedge funds and others are recognizing that the superior resiliency and performance of worker-owned firms can improve their returns. And companion bills developed to enable the U.S. Some businesses with employee stock ownership plans (ESOPs) are converting into structures that more closely resemble worker co-ops. ESOPs typically allocate shares to employees in proportion to their pay.