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Treat Employees Like Business Owners

Harvard Business Review

And companies — except for the very smallest — can implement an employee stock ownership plan (ESOP), often funded through borrowing. ” Tool #2 goes by different names: open-book management, economic transparency, ownership culture. Just look at the supermarket industry to see such ownership in action. .”

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Why the U.S. Needs More Worker-Owned Companies

Harvard Business Review

Some businesses with employee stock ownership plans (ESOPs) are converting into structures that more closely resemble worker co-ops. ” The company maintained the tax advantages of an ESOP, but distributed the shares in a way that would give employees with lower salaries greater voting power.

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