Blog Post October 17, 2011

Proposed New Accounting Body for Private Companies

The Financial Accounting Foundation, the parent organization of the Financial Accounting Standards Board (FASB), plans to encourage modification of Generally Accepted Accounting Principles (GAAP) for private companies.
Blog Post March 12, 2002

Public Company ESOPs

The scenario for public company ESOPs is somewhat murkier. All the principal legislative proposals would exempt stand-alone ESOPs from any diversification requirements. However, the Kennedy bill would add the additional fiduciary and employee representation issues outlined above.
Blog Post April 29, 2005

Public Company Study Says Employee Ownership Hurts Performance

In a new study by Olubunmi Faleye, Vikas Mehrotra, and Randall Morck of 225 public companies with broad employee ownership of 5% or more of a company's stock, the authors found that productivity, Tobin's Q (a ratio of the market value of a firm's securities to the replacement costs of its tangibl
Blog Post July 15, 2005

Publix Supermarkets Tops Employee Ownership 100 List

Publix Supermarkets continues to be the largest majority employee-owned company in the U.S. and, almost certainly, the world. It employs over 120,000 employees in over 800 stores in five Southern states.
Blog Post January 15, 2015

Purchasing Preferences and Employee Ownership: Project Update

In November, the NCEO began gathering information on various preference standards, such as certifications as for small businesses or as women-, minority-, or veteran-owned businesses, with a focus on how and whether those standards consider employee ownership.