A major theoretical objection against employee ownership is that workers become inadequately diversified and exposed to excessive financial risk. Recent theory concludes that 10-15% of a worker's wealth portfolio can be prudently invested in employer stock provided the rest of the portfolio is...

A major theoretical objection against employee ownership is that workers become inadequately diversified and exposed to excessive financial risk. Recent theory concludes that 10-15% of a worker's wealth portfolio can be prudently invested in employer stock provided the rest of the portfolio is...

A major theoretical objection against employee ownership is that workers become inadequately diversified and exposed to excessive financial risk. Recent theory concludes that 10-15% of a worker's wealth portfolio can be prudently invested in employer stock provided the rest of the portfolio is...

Cover -- Editorial -- The response of majority employee-owned firms during the pandemic compared to other firms -- Member surveys on employee ownership and the COVID-19 pandemic -- When workers matter most: a study of worker cooperatives and the prioritization of workers through COVID-19 -- Race...

Purpose: The purpose of this study is to understand how majority employee-owned firms responded to the pandemic compared to firms that were not majority employee-owned. The Employee Ownership Foundation partnered with Rutgers University and the SSRS survey firm to survey ESOP and non-ESOP firms...

Purpose: The purpose of this paper is to answer the question: What happens to the outcomes of pay dispersion when the employees own stock in their own company? Design/methodology/approach: The data set consisted of over 20,000 employee surveys. Pay dispersion was measured with the Gini...

Purpose: The purpose of this paper is to examine which forms of compensation are more efficient at affecting employee attitudes, thus extending efficiency wage theory from wage-based compensation to profit sharing and stock-based compensation. Design/methodology/approach: Three models of...