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EMPLOYEE OWNERSHIP AND CORPORATE PERFORMANCE

Researchers now agree that "the case is closed" on employee ownership and corporate performance.
Findings this consistent are very unusual. We can say with certainty that when ownership and participative management are combined, substantial gains result. Ownership alone and participation alone, however, have, at best, spotty or short-lived results.
This is how the NCEO - the US National Center for Employee Ownership concludes its page on employee ownership and corporate performance.
Over the years, the NCEO has reported on new research on employee ownership and corporate performance. Now that a substantial body of work exists on the subject, we thought it would make sense to summarize it in one place. The research comes to a very definite conclusion: the combination of ownership and participative management is a powerful competitive tool. Neither ownership nor participation alone, however, accomplishes very much.
The full page can be seen on http://www.nceo.org/library/corpperf.html
In September 2007, the NCEO released a new issue brief on Employee Ownership and Corporate Performance. They also updated the Web site's article on this subject.

RESEARCH

13.02.2008: Universität Chemnitz - Research Project: Business elements in the new payment policy, extent and effects of contingent compensation
18.10.2007: "Les effets de participation des salariés sur la performance des entreprises", Xavier Hollandts - thèse de doctorat soutenue à Lyon le 4.9.2007
07.03.2007: The CoCo Report: Work, Happiness and Employee Ownership: Companies where workers have a say in decisions and a stake in ownership are more productive because staff are happier, according to a new report in the UK. The study found absence levels were lower and workers were more committed in "co-owned" companies. The British Government was urged to introduce tax incentives to encourage the launch of more co-owned companies. Download the full report
20.02.2003: New major document: Report for the European Parliament: A Review of the Issues and Evidence, by Virginie Pérotin and Andrew Robinson:
Employee Participation... A Review of the Issues and Evidence, Report for the European Parliament (60 pages, PDF)

Wonderful research report on companies cases in UK: "Employee ownership, motivation and productivity", November 2002 (pdf, 34 pages).