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The Library
Reading path · 4 articles · 21 min

Ownership that changes power

Employee ownership only works when it changes who decides. Voice before shares, governance before equity.

  1. 01Ownership GovernanceWho Owns the Company Now?Ownership design is a governance choice, not a perk. The strongest evidence shows employee ownership is linked to small performance gains and stronger… 5m
  2. 02Ownership GovernanceEmployee Ownership Works When Governance Changes TooEmployee ownership is no silver bullet. The best evidence shows small but positive performance gains and stronger survival odds for ESOP firms, but ow… 6m
  3. 03Ownership GovernanceEmployee Ownership Works Only When It Changes PowerEmployee ownership delivers a modest performance edge and stronger survival odds, but the gains show up reliably only when equity is paired with real… 6m
  4. 04Ownership GovernanceCompanies Owned by Their Workers Are Harder to KillThe strongest practical case for employee ownership is not higher average returns but resilience: privately held ESOP firms were roughly half as likel… 4m
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