On July 4, politicians, academics, government agencies, and employee-owned businesses participated in more than 100 events throughout the United Kingdom to celebrate the country's first employee ownership day.
The Certified Equity Professional Institute (CEPI) at Santa Clara University offers a certificate for professionals in equity compensation. Learn more about the CEPI and the certification process on its Web site.
It is with great sadness that we report on the death of the NCEO's cofounder, Karen Young. Karen and Corey Rosen started the NCEO in 1981. They had worked together on the U.S. Senate Small Business Committee before starting the NCEO.
The Iowa legislature recently passed a bill appropriating $500,000 per year to help offset the costs of determining whether an ESOP is an appropriate strategy for the business owner, the company, and the employees.
On July 10, the Securities and Exchange Commission issued final rules under the JOBS Act to allow both entrepreneurial companies and hedge funds to use general solicitations, such as advertising or blogs,
In a rare move, the government of Cuba invited Western reporters, including Americans, to visit the island and report on economic reform: the launching of an experiment in free enterprise in the form of cooperatives.
On July 5, National Public Radio (NPR) ran a story about Soria Moria, an employee-owned hotel in Cambodia, just outside the famous Angkor Wat temple complex.
In general legal advice memorandum (GLAM) AM 2012-010 (January 31, 2013), the IRS ruled that acquiring companies will generally not be eligible to take a tax deduction for the spread on stock options exercised pursuant to a change in control.
In recognition of the flurry of employee ownership activity in the UK, in terms of both legislation and new business, the UK's Employment Relations and Consumer Minister Jo Swinson announced that July 4 will be Employee Ownership Day.
