Mitt Romney and ESOPs

If elected, Mitt Romney would be the first U.S. president to have direct experience with ESOPs. Bain and Company, which Romney once headed, set up an ESOP in 1985, paying what in retrospect appeared to be an inflated price for 30% of the company.

Mitt Romney and the ESOP at Bain

Mitt Romney left Bain & Company in 1984 to lead the spinoff of the private equity company Bain Capital. The following year, Bain & Company set up a leveraged ESOP, which bought 30% of the company from its founding members for $200 million.

Mobile App for Global Equity

Baker & McKenzie, in partnership with the National Association of Stock Plan Professionals and the Global Equity Organization, have developed an app for Apple and Android devices to answer questions about different types of equity compensation in countries around the world.

Mondragon Announces Initiatives in the U.S. and India

The Mondragon Cooperative Corporation (MCC), the most famous network of worker cooperatives in the world, announced two major international expansions. The MCC, headquartered in the Basque region of Spain, employs over 80,000 people in over 150 cooperatives.

More Details Emerge on Zimbabwe's Employee Ownership Plan

According to an October 11, 2011, article from the Herald, the government-owned newspaper of Zimbabwe, 5% of the shares in public companies in Zimbabwe have been set aside for employees, with a special preference