Mission-led employee-owned firms embody a powerful model of enterprise design for a new era of environmental sustainability and social equity.
Are mission-controlled, employee-owned companies better environmental stewards than conventional finance-controlled corporations? Is transitioning to employee ownership a more likely path to keeping a firm’s ecological mission alive, compared to selling a firm to a large competitor? The answer to these questions is critical to enterprise design for the 21st century and beyond. If we understand the relationship between enterprise design and a sustainable, equitable economy, we can be more deliberate in the choices we make.
In this Fifty by Fifty research brief, Mary Ann Beyster, president and trustee of the Foundation for Enterprise Development (FED), explores the existing landscape of employee ownership opportunities for impact investors, and highlights emerging models and strategies for inclusive investment in ESOPs and worker cooperatives.
On June 13th and 14th of 2016, we hosted a gathering in Washington, D.C. of key leaders in the national ecosystems of support and advocacy around employee ownership. This report captures the insights and lessons from this strategic convening.