A poll of 853 registered voters conducted June 27-28 by Public Policy Polling showed that 68% of those surveyed say that they "support the concept of companies being owned by their employees so that all workers share in their success." Thirteen percent oppose the idea, while 19% are unsure.
On March 28, the federal district court for the northern district of Mississippi applied the Supreme Court's ruling in Fifth Third Bancorp v. Dudenhoeffer to an ESOP in a closely held company. In the case, Hill v.
The $900 billion economic relief bill that just passed both the Senate and the House of Representatives includes a new round of funding for the Paycheck Protection Program (PPP), providing an additional $284 billion for the program.
The Treasury Department and IRS have issued proposed regulations on deferred compensation under Section 409A, which governs nonqualified deferred compensation to employees, directors or other service providers.
Last week, the Center for American Progress released a second policy-oriented report on employee ownership, this time focusing on understanding the scope and policy implications of risks associated with retirement-based employee ownership.
A new report from the Democratic Policy Committee in the U.S. Senate shows that 40% of Fortune 50 corporations had employer stock in their plans. Seventeen of the companies had more than 50% of their assets invested in company stock.
On July 14, Employee Ownership Australia and New Zealand issued a report titled Employee Share Schemes - Their Importance to the Economy (PDF), which estimates the
A new analysis of the economic impact of S corporation ESOPs released yesterday examines trends in account balances, distributions to participants, total return, and
