Delivering Responsible Capitalism - The Growth of Employee Ownership
Delivering Responsible Capitalism - The Growth of Employee Ownership
Delivering Responsible Capitalism - The Growth of Employee Ownership
In “Delivering Responsible Capitalism - The Growth of Employee Ownership” (Forbes, 2014), author shows that the author shows a considerable growth of worker participation in companies in a model called for him of “responsible capitalism”. The author supports the main idea using data based on the Gross Domestic Product (GDP) and examples of successful experiences of this model, named for him as an “alternative business model”.
In 2008, Lehman Brothers, the second largest investment bank in the United States, founded 158 years ago, led the largest ever seen panic on Wall Street in decades. The announcement of the collapse of the Lemon Brothers caused instability in the pockets of the world, and forced everyone to seek new methods of capitalism. The idea thus of a responsible capitalism emerged, and it stabilizes the economy weakened by crisis again. According to the Refoy, " the profile of employee owned businesses has increased greatly in recent years, not only in the UK, but also in the US and Europe”. The fact is that is has become a viable option for ownership of the business, causing many enterprises to follow the same model. Furthermore, the increased focus and assistance from governments, especially the UK, by facilitating the business success. The new tax incentives took effect in the United Kingdom, from October 01, 2014, helped “boost the number of employee owned businesses in the country”, noted to the author.
To illustrate the story, the contributor Jonathan Refoy, cites two examples of companies where employee ownership allows greater worker participation in your company and viable solutions to the issue of wage stagnation. The first case is about a state enterprise in the UK, the third largest private company in the UK and that gave employees greater participation and a direct entrance
Delivering Responsible Capitalism - The Growth of Employee Ownership
In “Delivering Responsible Capitalism - The Growth of Employee Ownership” (Forbes, 2014), author shows that the author shows a considerable growth of worker participation in companies in a model called for him of “responsible capitalism”. The author supports the main idea using data based on the Gross Domestic Product (GDP) and examples of successful experiences of this model, named for him as an “alternative business model”.
In 2008, Lehman Brothers, the second largest investment bank in the United States, founded 158 years ago, led the largest ever seen panic on Wall Street in decades. The announcement of the collapse of the Lemon Brothers caused instability in the pockets of the world, and forced everyone to seek new methods of capitalism. The idea thus of a responsible capitalism emerged, and it stabilizes the economy weakened by crisis again. According to the Refoy, " the profile of employee owned businesses has increased greatly in recent years, not only in the UK, but also in the US and Europe”. The fact is that is has become a viable option for ownership of the business, causing many enterprises to follow the same model. Furthermore, the increased focus and assistance from governments, especially the UK, by facilitating the business success. The new tax incentives took effect in the United Kingdom, from October 01, 2014, helped “boost the number of employee owned businesses in the country”, noted to the author.
To illustrate the story, the contributor Jonathan Refoy, cites two examples of companies where employee ownership allows greater worker participation in your company and viable solutions to the issue of wage stagnation. The first case is about a state enterprise in the UK, the third largest private company in the UK and that gave employees greater participation and a direct entrance
References: Refoy, J. (2014, September 25). Delivering Responsible Capitalism - The Growth of Employee Ownership. Forbes. Retrieved from http://www.forbes.com/sites/jonathanrefoy/2014/09/25/delivering-responsible-capitalism-the-growth-of-employee-ownership/