Happy Friday!
We appreciate all of your support and continued readership. Please share widely!
One thing
Next month Dr. Hand will attend the Employee Ownership Ideas Forum in D.C., hosted by the Aspen Economic Opportunities Program and the Institute for the Study of Employee Ownership and Profit Sharing at Rutgers. Register here to follow along virtually
What We’ve Been ReadingÂ
U.S. Software company CodeWeavers transitioned to an EOT as part of the firm’s succession plan, making it the the newest of 37 perpetual purpose trusts in the US, according to our updated database
ImpactAlpha published a story this week on how a body shop in Utah created a perpetual purpose trust as an exit strategy for owners and an opportunity for employees to share in the company’s profitsÂ
But: one author wonders whether employee-owned firms are strong enough to survive the bad times
Hear from CEOs of employee-owned U.S. companies on the benefits of employee-ownership, and specifically how it improves retention and engagement rates among employeesÂ
The UK announced it will publish a consultation on the effectiveness of tax regulation related to EOTs
What We’ve Been WritingÂ
Dr. Hand rounds up a shortlist of podcasts on employee ownership trusts and perpetual purpose trusts
Megan details the growing desire of American workers to work for companies owned and operated by employeesÂ
Cade spotlights how Rust Belt Riders of Ohio puts workplace democracy into practice
What’s NextÂ
On June 6th -7th the European Commission is hosting a free web workshop on workplace democracy; check it out here
In Case You Missed It
Last week Abby and Dr. Hand wrote about proposed employee ownership legislation in the U.S. Check it out if you missed it!
The Employee Ownership + Workplace Democracy Research Cluster (EO+WD) is sponsored by the Dedman College Interdisciplinary Institute (DCII) at Southern Methodist University in Dallas, Texas.