Fiscal incentives are indispensable prequisite

EFES NEWSLETTER – SEPTEMBER 2014 EFES’ Manifesto 2014:     Fiscal incentives are indispensable prequisites     Worldwide practical evidence and a wide range of academic research support the view that a proper legal environment and the provision of suitable fiscal incentives are indispensable prerequisites for any policy truly aiming the development …

Strong move in the UK

     Subscribe  /  Unsubscribe  /  Membership                                                       EFES NEWSLETTER – JUNE 2014 Strong move in the UK High fiscal incentives are the base of the successful policy to promote employee ownership through ESOPs (Employee Stock Ownership Plan) in the USA. In contradiction with Europe, this allowed American public …

New facts about employee ownership in May 2014

                                           EFES NEWSLETTER – MAY 2014 Transparency It is usually considered in large European companies that employee share ownership has to be developed, leading to better performances and better governance. …

New facts about employee ownership in April 2014

EFES NEWSLETTER – APRIL 2014 Listed and non-listed companies It was sometimes told, based on the observation of specific examples, that non-listed employee-owned companies could have been more resilient than others through the financial crisis. Employee-owned companies might have fared better. This idea is even a cornerstone of the British …

EFES: Still more employee share plans in Europe

     Subscribe  /  Unsubscribe  /  Membership                                                        EFES NEWSLETTER – FEBRUARY 2014   Still more employee share plans in Europe The EFES Survey of employee ownership in 2013 is soon available, showing that still more and more of European companies organize employee share plans. In 2013, 85% of all large European companies had …

EFES NEWSLETTER: Rectification about European Parliament’s study

     Subscribe  /  Unsubscribe  /  Membership                                                        EFES NEWSLETTER – JULY 2013 Rectification about European Parliament’s study The European Parliament – Economic & Scientific Policy Department published a study named “Employee Financial Participation and Companies’ Proceeds”. This study published by the European Parliament was quoted by the European Commission as the most …

EFES NEWSLETTER – APRIL 2013 For the first time since the financial crisis occurred…

     EFES NEWSLETTER – APRIL 2013 For the first time since the financial crisis occurred…  … the number of employee shareholders in Europe didn’t increase last year, and the democratization rate of employee ownership went down. A new differentiation appears between top executives and other employees since the beginning of …

New facts about employee ownership in February 2013

     Subscribe  /  Unsubscribe  /  Membership                                                        EFES NEWSLETTER – FEBRUARY 2013 New era for employee share plans in the UK The British government has given the green light to substantial simplification and reform of all four approved share ownership schemes during the course of the next 15 months. This follows the …

Public Hearing In The European Parliament

PUBLIC HEARING IN THE EUROPEAN PARLIAMENT Brussels – 22 March 2012 (*) A European policy for employee ownership and participation I am delighted to invite you to a public hearing in the European Parliament, about: “A European policy for employee ownership and participation”. The hearing will take place on March …

Employee share ownership and the EU corporate governance framework

EFES NEWSLETTER – DECEMBER 2011 Employee share ownership and the EU corporate governance framework In 2011, the European Commission published a Green Paper and they organized a public consultation about the EU Corporate Governance Framework. Question 23 was about employee ownership: “Are there measures to be taken, and is so, …