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During the last 15 years, benefit corporations have seen explosive growth. Originally inspired by frustration about the lack of a legal tool to allow Ben & Jerry’s to resist being purchased by Unilever, benefit corporations are intended to facilitate socially responsible businesses.

In the case GunBroker.com, LLC v. Tenor Capital Partners, LLC, no. 1:2020cv00613 (N.D. GA., Nov.

At the end of April, the NCEO hosted its 2024 Annual Conference in Tampa, Florida—a real highlight of my year.

Employee Ownership in the New Administration and Congress

One of the most effective ways to supercharge your employee ownership practices and performance in 2024 is to learn from and with other employee-owned companies.

When doing an ESOP transaction, it’s natural to focus on the deal structure, financing, plan rules, valuation, and other steps to crossing the finish line. But there are other steps worth taking early on to ensure the ESOP works well for everyone involved.

The Institute for the Study of Employee Ownership and Profit Sharing held its annual Beyster Symposium in June.

This article is based on a presentation at the 2022 NCEO Annual Conference by Miguel Paredes of Prudent Fiduciary Services, Chad Bell of Marcum LLP, and Ed Renenger of SES ESOP Strategies.

The latest data from a large nationally representative survey continues to show strong evidence of the direct positive impact of employee ownership at the level of individual workers.

Handling the repurchase obligation is a critical aspect of ESOP planning and administration. To provide the ESOP community with context for how other companies approach their repurchase obligation, the NCEO conducted a survey of ESOP companies in early 2023.