Discover more from EO+WD | Employee Ownership + Workplace Democracy

A joint project of UTA professor Mark Hand and students at UTA & SMU, the Research Cluster on Employee Ownership + Workplace Democracy is dedicated to sharing and discussing new developments in purpose trusts, employee ownership, and workplace democracy.

All about EOTs and PPTs: The Weekend Newsletter, Vol. 7

This week we cover EOTs: the basics, proposed legislation, and everything in between

Mark C. Hand

and

Megan Garvey

May 5, 2023

Happy Friday!

This week is all about Employee Ownership Trusts (EOTs) and Perpetual Purpose Trusts (PPTs):

What We’ve Been Reading (And Watching!)

Still wondering what exactly an EOT is? Check out this article from UK law firm Shoosmiths
Hear from private equity Peter Stavros (covered in this EO+WD article) on his initiatives to encourage employee ownership

What We’ve Been Writing

Dr. Hand gives a quick primer on EOTs and PPTs, breaking down their legal backing, and providing a list of resources for learning the basics
Megan discusses why now is the time for the introduction of EOTs in Canada
Patagonia has transitioned to a PPT, and Reid analyzes the variety of motivations that could be at play

What’s Next

On May 23rd the Federal Reserve Bank of New York and the Ford Foundation are hosting an in-person event highlighting how employee ownership and participation can help impoverished and middle-class workers
Sign up for the webinar option of the Fasken Institute’s free presentation on Canada’s proposed EOT legislation

In Case You Missed It

Still curious what perpetual purpose trusts are all about? Check out Dr. Hand’s rundown here.

The Employee Ownership + Workplace Democracy Research Cluster (EO+WD) is sponsored by the Dedman College Interdisciplinary Institute (DCII) at Southern Methodist University (SMU) in Dallas, Texas (DTX).