Rustbelt buyouts

Logue, John
September 1998
Dollars & Sense;Sep/Oct98, Issue 219, p34
Focuses on the growth in employee ownership companies in Ohio, with reference to the role of the Ohio Employee Ownership Center (OEOC). Information on the OEOC; Identification of nonprofit organizations which promote employee ownership; Utilization of the Employee Stock Ownership Plan (ESOP) by employees to take over corporations; Risks which contribute to ESOPS as an imperfect tool for growing employee ownership. INSET: Who inherits the `workers' paradise'?.


Related Articles

  • Companies with strong ESOPs beat market averages.  // Corporate Board;Jul/Aug92, Vol. 13 Issue 75, p26 

    No abstract available.

  • Workers at the helm.  // Canada & the World Backgrounder;Dec97, Vol. 63 Issue 3, p30 

    Focuses on employee buy-outs of companies, with emphasis on Canada. How employees with more control are more willing to take paycuts to keep their companies afloat; The example of Algoma Steel Inc.; Examples where unions have refused payuts; The success of paycuts.

  • Worker ownership's uncertain future. Krimerman, Len // Dollars & Sense;Sep/Oct98, Issue 219, p28 

    Opinion. Comments on the economic stability of worker-owned cooperative enterprises in the United States. Reference to Mondragon, an association of worker owned and controlled enterprises; Information on the success of Mondragon; Details on the Ohio Employee Ownership Center's growth;...

  • Why economists are wrong about coops. Cordova, Ramon Vela // Dollars & Sense;Sep/Oct98, Issue 219, p44 

    Presents information on employee ownership cooperatives in the United States. Description of an employee ownership; Advantages of employee participation in management to the employee; Characteristics of democratic companies; Reason for the lack of democratic companies. INSET: How to get...

  • ESOPS. Rosen, Corey // Dollars & Sense;Sep/Oct98, Issue 219, p48 

    Focuses on how employee stock ownership plans (ESOPs) are used in corporations. Description of an ESOPs; Type of companies where ESOPs exist; What ESOPs are governed by; Reference to a study on the growth of participative ESOP companies.

  • Worker coops. Somayaji, Chitra // Dollars & Sense;Sep/Oct98, Issue 219, p49 

    Presents information on worker-owned cooperatives. Characteristics of cooperatives; Type of corporations where worker-owned cooperatives are most prevalent; Estimate for the number of worker cooperatives in the United States; Factors which may attribute to the failure of cooperative businesses.

  • Don't overlook ESOPs for tax advantages. Grassi, Carl // Crain's Cleveland Business;6/10/96, Vol. 17 Issue 24, p15 

    Discusses the benefits of employee stock ownership plans. Includes the provision of a ready market for the sale of business owners' stock; Provision of a tax-advantaged financing vehicle to buy out the stock of a selling shareholder; Provision of an incentive-oriented retirement plan benefit for...

  • Employee stock ownership plans may be worth a second look. Lathrop, Steven J. // Reeves Journal: Plumbing, Heating, Cooling;Jun97, Vol. 77 Issue 6, p40 

    Reports on the reasons for establishing employee stock ownership plans. Incentive for productivity; Assistance in bank loans; Opportunity to increase cash flow; Option to sell the stocks; Financing of a strategic acquisition and provision of estate liquidity; Continuity of a company.

  • ESOP's fables.  // Fairfield County Business Journal;8/05/96, Vol. 35 Issue 32, p9 

    Focuses on employee ownership in the United States. Statistics; Plans to require employee purchase; Concept description.


Read the Article

Other Topics