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EFES NEWSLETTER - JANUARY 2017
Formidable
engine - again and again
The stake held by employees in large European companies continues
its rise. It had never been so high before, with 3.20% in
2016 (see chart). Even through the European crisis, employee
ownership demonstrates again and again its status as a formidable
engine of participation and development. Assets per person
have doubled since 2009. These are the first indications to
be drawn from the new "Economic Survey of Employee Share
Ownership in European Countries", which will be published
in March 2017.
Press
review
We have a selection of 27 remarkable articles in 8 countries
in December 2016: Belgium, Czechia, France, Italy, Norway,
Poland, UK, USA.
Belgium: Employee shareholders are the victims of the
Cross-border Mergers European Directive.
Czechia: A round table of experts from several ministries
was held in Prague about the benefits of employee ownership.
France: The French Federation of Employee Shareholders
Associations celebrates its 12th "Grand Prix". First
barometer of employee share ownership in non-listed companies.
New employee share plans for Axa, for Crédit Agricole, for
Vallourec. Stories from workers cooperatives. New disastrous
policy decisions in Paris.
Italy: Employee share ownership is the future.
Norway: New employee share plan for Aker Solutions.
Poland: Launch of the Polish edition of "Equity:
Why Employee Ownership Is Good for Business", a book
originally published by Harvard Business School Press in the
United States.
UK: New firms turning to the Employee Ownership Trust
scheme. Thoughts about global inequality and employee ownership.
USA: Thoughts about robots. Top Ten tax incentives
for ESOPs. New firms turning to ESOPs.
The full press review is available
on:
http://www.efesonline.org/PRESS
REVIEW/2016/December.htm
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A
political roadmap for employee ownership in Europe
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