According to a new study by Eric Lie and Randall Heron, 29.2% of companies issuing options to executives and/or directors between 1996 and 2002 have grant date patterns that suggest backdating or other manipulative practices (such as "spring-loading," the announcement of a grant before good news
NCEO research for Innovest and the Herron Foundation has found that at least 29% of S&P 500 companies have some kind of broad-based employee ownership plan.
The NCEO just released its annual review of litigation involving ESOPs and 401(k) plans with company stock, which found 21 lawsuits involving ESOPs decided in the most recent 12 months.
Marco, a St. Cloud-based firm with 920 employees in Minnesota and five other states, announced that it will end its 26 years as an ESOP company through a sale to the investment firm Norwest Equity Partners.
Following LinkedIn's successful IPO, commentators suggested that other Internet firms might try IPOs of their own. Twitter, however, is planning to follow a different path.
The Mondragon Corporation of Spain’s Basque region, an integrated network of more than 90 employee-owned companies plus many worker cooperatives, is the best-known example of worker cooperative
