The National Center or Employee Ownership (NCEO) published an article on their Web site entitled “Key Studies On Employee Ownership And Corporate Performance.”
This is an excellent look at employee ownership companies compared to similar non-employee ownership or all non-employee ownership companies. Company performance studies compare pre-ESOP to post-ESOP performance relative to the competition. The studies selected represent the most recent studies that have the largest and most representative samples. There has been no attempt to include only positive studies.
The Employee Stock Ownership Plan (ESOP) was the first tool designed by binary economist Louis O. Kelso and used to broaden ownership of productive capital among the employees of a corporation.