The Real World of Employee Ownership

Using data from an extensive study of employee-owned companies in Ohio, where employee ownership is a well-developed trend, this book offers a strong empirical portrait of firms with Employee Stock Ownership Plans (ESOPs). It describes how these plans work and places their emergence and change in a historical context. John Logue and Jacquelyn Yates examine firms that have succeeded in employee ownership and those with failed plans. Some companies, they find, are committed to the concept of employee ownership, and others merely use ESOPs as a financing tool. Book jacket.

John Logue is Professor of Political Science at Kent State University and Director of the Ohio Employee Ownership Center Jacquelyn Yates is Assistant Professor of Political Science at the Salem campus of Kent State University and a faculty associate at the Ohio Employee Ownership Center William Greider is the national affairs correspondent for The Nation magazine