EFES NEWSLETTER - SEPTEMBER 2019
of employee share ownership policies
in European countries
24 European countries now have policies for the promotion
and the development of employee share ownership, on
which 20 in the European Union.
This is driving our barometer to its all-time high.
France, Denmark, Croatia, Serbia, they all introduced
new pieces of incentive legislation this year. In addition,
new initiatives are expected in The Netherlands and
in Lithuania on 1.1.2020.
its "PACTE Law" for "Action Plan for
Business Growth and Transformation", France (already
number one for employee share ownership in Europe) took
the decision to double its employee share ownership
by 2030, which would put it at the level reached today
by the USA.
important signal for all Europeans.
have a selection of 16 remarkable articles in 4 countries
in August 2019: China, France,
United Kingdom, USA.
China: Shanghai plans
to allow foreigners employed by regional headquarters of multinational
companies to receive stock options on the A-share market,
part of its bid to become a global financial powerhouse.
France: New employee
share plans for Axa, for Société Générale. Focus on some examples
of French companies, then in difficulty, having been saved
thanks to the mobilization and the implication of employees.
Following its "Pacte Law", France expects to double
employee savings in SMEs in 2020.
UK: Some new
firms moving to the Employee Ownership Trust scheme.
USA: Some new companies
moving to employee ownership through ESOP plans. The employee
buyout playbook for startups.
The full press review is available
political roadmap for employee ownership in Europe
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