Professors Joseph Blasi and Douglas Kruse of Rutgers University have recently completed a new study of the long-term performance of closely-held companies that implemented ESOPs. Key findings of the study show that ESOP companies had better long-term survival rates than comparable non-ESOP firms; had higher employment growth and higher growth in annual sales per employee; and that the introduction of the ESOP resulted in a relative improvement of corporate productivity compared to the non-ESOP firms.
Content: Article
Authors: Douglas Kruse, Joseph Blasi
Source: Foundation for Enterprise Development
Subjects: Corporate Governance, Trends / Analysis
Authors: Douglas Kruse, Joseph Blasi
Source: Foundation for Enterprise Development
Subjects: Corporate Governance, Trends / Analysis
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