Find Your Resource

On March 7, Reuters reported that employee-owned Parsons is planning an initial public offering.

Researcher Suzanne Cromlish has been investigating ESOP companies that make acquisitions to determine what separates the long-term successes from the failures.

Over the period 1991 through 1996, the ACS employee ownership index has measured the shareholder returns in public companies with 10% or more broad employee ownership. The index has substantially outperformed market averages.

Congress voted to add $310 billion in funding to the Payroll Protection Program (PPP). Banks have said the funds are likely to run out quickly.

On April 28, the PBS NewsHour did a followup story on ESOP-owned SRC Holdings (formerly Springfield ReManufacturing Corp.

On October 22, the PBS NewsHour's weekly economics segment (7 min., 42 sec.) focused on employee ownership, using the sale of New Belgium Brewing to its employees as an ex

On April 6 at 5PM (Pacific), Seattle's television station KCTS-9 will begin a national run of the film Shift Change, which documents the development of worker cooperatives in the United States, as well as their connections with the inspiring network of worker cooperatives in Mondragon, Spa

Public television stations around the country will run the documentary ShiftChange, a film that describes worker cooperatives in the United States and investigates the connections to the Mondragon cooperatives in the Basque region of Spain.

In General Mills v. United States, No. 06-3547 (DSD/SRN, Jan. 14, 2008), a district court granted summary judgment to the company for its use of a redemptive dividend to pay ESOP distributions. General Mills had three ESOPs operating in a single trust.

The two tax bills described above also both contain significant new restrictions on the tax treatment of all kinds of deferred compensation, including stock-based compensation.