Find Your Resource

We invite you to join us on April 20 and 21, 2021, for the NCEO's virtual Annual Employee Ownership Conference. Register before November 30 to be entered into a raffle for a #bettertogether box filled with fun items from an employee-owned company.

The Office of the Comptroller of the Currency announced an update of a policy launched one year ago intended to reduce high-risk loans for corporate acquisitions.

One of the trickiest issues for ESOPs has been how to value different kinds of investments in multi-investor transactions. If the ESOP borrows money to be repaid out of future earning, while other investors put in cash, should each get a dollar's worth of stock for each dollar pledged?

David Ackerman of Morgan Lewis, who passed away this year, was one of the most respected NCEO authors and most loved advisors in the ESOP community. We have been touched by people's desire to remember him.

If you have not already considered attending the Great Game of Business conference May 4-6 in St. Louis, I would strongly encourage you to do so. The NCEO and the Great Game have a long history of working together, and I have been to all their conferences.

As it has in the past three years, the NCEO will sponsor the 4th annual Ownership Thinking Conference, to be held in the Denver area on September 16 and 17.

A new review of existing research on ESOPs by Steven Freeman of the University of Pennsylvania finds that the plans generally lead to improved corporate performance, although primarily when combined with high-involvement management systems.

A new study by Mary Ellen Carter at The Wharton School and Luann Lynch of the Darden School of Business titled "The Effect of Stock Option Repricing on Employee Turnover" finds that repricing executive options has no impact on turnover, while repricing options for non-executives in broad-based pl

After the dot-com bust, many companies decided to reprice their deeply underwater stock options, often more than once.

Lots of companies are looking at some form of repricing their underwater stock options. VM Ware, Tenet Healthcare, Marvel Technology, Integrated Silicon Solutions, and Maxim Solutions are among the estimated 50 or so companies that have repriced through December.