Employee Ownership

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Title: Employee Ownership

Essay Details:

Subject: Business

Author: Kenneth H

Date: May 21, 2016

Level: University

Grade: A

Length: 10 / 2949

Essay text:

Employee-owned corporations often adopt profit sharing where the profits of the corporation are shared with the employees. They also often have boards of directors elected directly by the employees. Some corporations make formal arrangements for employee participation, called Employee Stock Ownership Plans (ESOPs). Employee ownership appears to increase production and profitability, and improve employees' dedication and sense of ownership. However, critics caution that democratic leadership can lead to slow decision-making, and employee stock ownership can increase employees' financial risk if the company does poorly...

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