Employee Ownership in Britain Today. Interim Findings From the 2014-15 Employee Ownership Survey
17 Pages Posted: 17 Mar 2015
Date Written: February 28, 2015
The paper reviews the current state of employee ownership in Britain. It discusses the various forms of employee ownership, highlighting trust-owned, directly-owned, and hybrid forms. It then considers the influences on the development of employee ownership, finding that political support is the strongest but not the only influence in employee ownership activity. The paper highlights variations in the ownership and governance characteristics of employee-owned firms, and links these to the circumstances of ownership conversion. Four main groups of employee-owned firms are identified: conversions arising from privatisation, business succession, owners concerns to share ownership, and business start-ups.
Keywords: Employee ownership, employee trusts
JEL Classification: J54, L30, M20, P13
Suggested Citation: Suggested Citation