Is Avis Really for Sale?

Avis, Inc., one of the country's largest employee-owned companies, has received an unsolicited purchase offer from HFS, a publicly traded hotel and real estate franchiser. Does the news mean that Avis is for sale? Not really.

Is ESOP Sponsor Liable for Paying Out Sooner Than Required?

In an unusual lawsuit, former employees of King & Prince Seafood are charging that a change in ESOP distribution rules to pay out former participants three years after departure instead of five violated ERISA's anti-cutback requirements.

Is Huawei Really Employee Owned?

Huawei, the world's largest telecom equipment and communications electronics vendor, has long said that it is 99% owned by most of its 174,000 employees.

ISS Issues New Equity Guidelines

Institutional Shareholder Services (ISS), the influential proxy advice organization, has changed its guidelines for voting on equity compensation plans to make them somewhat more flexible.

ISS Launches Expensing Evaluator

Institutional Shareholder Services (ISS), which provides guidance on corporate governance and other issues for institutional investors, is making available a reporting system that calculates the compensation expense of stock options according to the Hull-White Lattice model for valuing employee s

It May Rain Cats and Dogs in Seattle, But Our Puppies Will Stay Dry

We've seen our conference grow from a small pack of attendees in the early 80s to more than 2,000 due to our dogged insistence on serving the employee ownership community's needs, but everyone was always human, even if they did howl sometimes. Now we're going to have puppies too!