Employee Stock Ownership Plans (ESOPs)

2014

2012

2010

2009

2008

2007

2006

2005

The Perfect Perk

Bridget McCrea
Hispanic Trends.com

2004

2003

2002

Research Evidence on Prevalence and Effects of Employee Ownership

Douglas Kruse
Testimony before the Subcommittee on Employer-Employee Relations — Committee on Education and the Workforce

1958

n/a

2013

Macroeconomic Impact of S ESOPs on the U.S. Economy

Alex Brill

In this recent report, Alex Brill of Matrix Global Advisors quantifies the macroeconomic impact of S-corporation Employee Stock Ownership Plan (ESOP) companies in 2010. Using publicly available data from the Department of Labor, the report finds that S-corporation ESOP companies account for 1.4 million jobs, $77 billion in labor income, $246 billion in output and $27 billion in tax revenue nationwide. The author argues additionally that the structure of these ESOPs leads to greater firm longevity as well as higher wages, greater job stability, and increased retirement plan contributions. Furthermore, the report shows that S-corporation ESOP companies are more resilient in an economic downturn, resulting in positive impacts for workers, customers, neighborhoods, and local economies. 

The Impact of Employee Ownership and ESOPs on Layoffs and the Costs of Unemployment to the Federal Government

Corey Rosen

In a recent paper for the National Center for Employee Ownership, Corey Rosen finds that people who work for employee-owned companies are much less likely to be laid off than those who do not. Analyzing data from the 2010 General Social Survey, Rosen shows that 12.1 percent of all working adults in the private sector reported being laid off in the last year compared to just 2.6 percent of those respondents who says they own stock in their company through some kind of employee ownership plan. Rosen estimates that during that year the implied federal savings from the lower layoff rates of employee owners is $23.3 billion and that the implied savings for ESOPs and stock bonus plans alone is $13.7 billion.

2012

2011

2009

2008

2007

2006

2004

2003

Motivating Employee-Owners in ESOP Firms: Human Resource Policies and Company Performance

Douglas Kruse, Richard Freeman, Joseph Blasi, Robert Buchele, Adria Scharf, Loren Rodgers and Chris Mackin
Presented at panel on “Econometric Case studies of Human Resources and Firm Performance”

2000

1999

The Perfect Perk

Bridget McCrea
Hispanic Trends.com

Research Evidence on Prevalence and Effects of Employee Ownership

Douglas Kruse
Testimony before the Subcommittee on Employer-Employee Relations — Committee on Education and the Workforce

In the Company of Owners

Joseph Blasi, Douglas Kruse and Aaron Bernstein

Macroeconomic Impact of S ESOPs on the U.S. Economy

Alex Brill

In this recent report, Alex Brill of Matrix Global Advisors quantifies the macroeconomic impact of S-corporation Employee Stock Ownership Plan (ESOP) companies in 2010. Using publicly available data from the Department of Labor, the report finds that S-corporation ESOP companies account for 1.4 million jobs, $77 billion in labor income, $246 billion in output and $27 billion in tax revenue nationwide. The author argues additionally that the structure of these ESOPs leads to greater firm longevity as well as higher wages, greater job stability, and increased retirement plan contributions. Furthermore, the report shows that S-corporation ESOP companies are more resilient in an economic downturn, resulting in positive impacts for workers, customers, neighborhoods, and local economies. 

The Impact of Employee Ownership and ESOPs on Layoffs and the Costs of Unemployment to the Federal Government

Corey Rosen

In a recent paper for the National Center for Employee Ownership, Corey Rosen finds that people who work for employee-owned companies are much less likely to be laid off than those who do not. Analyzing data from the 2010 General Social Survey, Rosen shows that 12.1 percent of all working adults in the private sector reported being laid off in the last year compared to just 2.6 percent of those respondents who says they own stock in their company through some kind of employee ownership plan. Rosen estimates that during that year the implied federal savings from the lower layoff rates of employee owners is $23.3 billion and that the implied savings for ESOPs and stock bonus plans alone is $13.7 billion.

Motivating Employee-Owners in ESOP Firms: Human Resource Policies and Company Performance

Douglas Kruse, Richard Freeman, Joseph Blasi, Robert Buchele, Adria Scharf, Loren Rodgers and Chris Mackin
Presented at panel on “Econometric Case studies of Human Resources and Firm Performance”

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