A small knowledge base of cooperative wisdom
Valentine Erokhin**Employee ownership, ESOPs, Teal organisations, Worker cooperatives**
Organisations:
ESOP association (EOFoundation)
ICA (International Cooperative Alliance)
Employee Ownership Expansion Network
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National Coop Business Association
The Sustainable Economies Law Center
Center on Business and Poverty
Foundation for Enterprise Development
Rutgers School of Management and Labor Relations
Research (authors):
Kurtulus, Ana, Douglas (how did EO weather last recessions)
Greg R. Dow (theoretical approach)
Pencavel, Kraig (plywood coops)
Rosen et al. (EO in America, the equity solution)
Nancy Wiefek (ownership economy)
Frederic Laloux (teal organisations)
LOTS OF PEOPLE AND COMPANIES (Corporate Rebel)
Lots of good research at NCEO's site
J.P. Warbasse (consumer ownership - key to a free economy)
S. Venneman et al. (organisational impact of an ESOP)
KJ Klein (employee satisfaction and stock ownership)
Joseph Blasi (implications for the public corporation)
Rotschild, Whitt (cooperative workplace)
Steinherr (literature survey on topic)
Graeme Nuttall (uk gov advisor on EO)
Carole Leslie (EO specialist)
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G. D. H. Cole
Charles Gide
David Griffiths
William King
Robert Owen
Friedrich Wilhelm Raiffeisen
David Schweickart
Beatrice Webb
Firms:
List of Co-operative federations
List of Retailers' Cooperatives
WorkPro (Case management software interview?)
Qubitica (1000 distributed blockchain & AI developers, interview in progress)
Tele Haase (industrial hardware for renewables, on-site done)
We-Q teal list (some teal organisations
pick some for an interview?)
UK's Top 50 EO (pick some for an interview?)
Evergreen cooperatives of Cleveland (green coops from US, interview?)
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Hallam ICS (engineering firm, 90 people)
Greenworker.coop (many more "regular" coops)
Purcell , Assael (architecture)
Soft:
loomio.org (collective decision making without meetings)
we-q.com (teal organisation software)
opencollective.com (platform for open crowdfunding and operations)
Solium (SaaS for employee share schemes)
Books:
Stefano Zamagni: Cooperative enterprise: facing challenges of globalization
Pat Conaty: The Commons and Co-operative commonwealth
György Széll: Concise encyclopaedia of participation and co-management
Greg R Dow: Labor-managed firm: a theoretic approach (on my PC)
Michael Poole: The origins of Economic Democracy
Rosen, Young: Understanding Employee Ownership
Logue, Yates: The real world of EO
Richard D. Bartlett
Patterns for Decentralised Organising Practical guidance for teams, organisations and networks to manage without hierarchy.
Misc:
New economy podcast (EO 2 episode series with interesting people)
Blog with some teal material (future considerations)
Some more organisations from "the working world" partners
Canadian gov faq (how to start a coop)
Teal aint real (corporate rebels)
Teal analysis (future considerations)
EA Engineering - ESOP on Fast Company
How a public company bought out an ESOP (Lifetouch R.I.P to Shutterfly)
Shared equity in economic development of cities programme
Not optional (collective letter to european governments from 700+ people from IT companies to promote employee ownership)
NCEO 2019 (employee ownership conference)
Starting a Cooperative, One Step at a Time 12-page eBook by Huia CDS a consulting company for cooperative enterprises
Classics:
Mondragon
Wiki
Linux
Quick facts:
1.
Among the sampled workers, all ages 28 to 34, workers who are
employee-owners have
■ 92% higher median household wealth
■ 33% higher income from wages
■ 53% longer median job tenure
relative to workers who are not employee-owners.
1.
Quantitative and qualitative research at
the company level has shown that ESOP companies tend to grow faster and provide
greater job stability than similar non-ESOP companies
1.
Q: How do the founding shareholders achieve liquidity?
2.
Mary: Great question. What is the source of funds? With a PE sale, the PE firm provides equity, lenders add senior and junior capital, and the business owner generally has an earnout. With a strategic sale, the buyer uses their stock and/or debt capacity and generally an earnout. With an ESOP, the employees don’t literally buy the company. They don’t have the resources. The company borrows money from lenders and purchases shares from selling shareholders.
3.
According to a 2009 study by the University of Pennsylvania, ESOPs now hold assets of nearly $928 billion and cover nearly one out of every 12 workers. Since ESOPs are almost always adopted as a tool to facilitate business succession and not as a plan that replaces an existing benefit plan, almost all of these funds represent assets that workers owe almost entirely to their ESOPs.
Fast company tech coops form a network
Fast company more us businesses are becoming coops
Forbes quick facts about ESOPs
Inc If company stocks aren't valued correctly things could go ugly