On February 26, 2003, the European Economic and Social Committee of the European Union strongly endorsed employee share ownership and profit sharing as a means to improve corporate performance, increase financial transparency in corporations, improve corporate governance, and improve the competit
The European Federation of Employed Shareholders (EFES) reported on March 8 that 2017 "was a new record year for employee share ownership in Europe, with nearly €400 billion [$500 USD] held by employees in their company or 3.2%."
According to speakers at a recent conference held by the ESOP Centre in London, the requirements of the recent Prospectus Directive from the European Union may discourage some non-EU companies from running employee stock purchase plans.
As the European Union discusses its future approach to employee ownership, the European Federation of Employee Share Ownership (EFES) released a report to defend its position that incentives are good public policy.
The European Federation of Employee Share Ownership announced that the European Parliament had approved a pilot project to create a center for employee ownership in each EU member state.
In the UK, the Employee Ownership Association, John Lewis Partnership, and The eaga Trust have launched Theownershipeffect.co.uk, a series of events and publications aimed at generating and publicizing "new evidence on the performance
David Thodey, the former chief executive of Telsta, increased participation in the company's equity compensation plan from below 30% to over 90% over six years, making 27,000 people employee-owners.
Nikolay Butvin, a former employee of DoubleClick, sued the company for fraud on the grounds that it had promised him 13,000 shares to come work there, but that he was only able to exercise 25% of them because he was not fully vested when terminated. In Butvin v. DoubleClick Inc. (S.D.N.Y.
Kenneth Klee, a special examiner for the Delaware bankruptcy court dealing with the Tribune Company's bankruptcy, has concluded that "it is highly likely that Tribune, and reasonably likely that the Guarantor Subsidiaries, were rendered insolvent and without adequate capital as a result of the cl
