Special Employee Voting Rights End at SAIC

Science Applications International Corporation (SAIC), once the second-largest majority employee-owned company in the U.S., has changed its stock structure to eliminate the 10-to-1 voting rights that preferred shares held by employees were given when the company went public three years ago.

Special Update: Tax Reform's Impacts on Employee Ownership

Updated January 3, 2018 On December 22, President Trump signed the tax reform bill, making its provisions the law of the land. The law's accelerated timeline ensures that tax experts will uncover new implications of its many changes, especially to business taxation.

Sprint Settlement Reached

The class action lawsuit against trustees of the Sprint Corporation's 401(k) plan was one of the largest "stock-drop" lawsuits to date. It has now been settled out of court for a relatively modest $25 million. Each class member will get $63 in cash.

Stack Says Ownership Is the Key

Jack Stack, CEO of Springfield ReManufacturing Corporation (SRC) and author of The Great Game of Business, told an 800-person audience at the fifth annual "Gathering of the Games" conference (a meeting on open-book management) that sharing ownership broadly with employees was the key to making op

Stanford Webinar on Exporting Ownership Culture to China

The Center for Professional Development at Stanford is offering a Webinar on the Silicon Valley model of shared equity, employee empowerment, and the possibilities of building similar organizations in China.

Starbucks One of Five Business Enterprise Trust Winners

For the third consecutive year, an employee ownership company and NCEO member has been named one of the five recipients of the Business Enterprise Trust Award. The award recognizes excellence in balancing free enterprise objectives with socially responsible actions.