Governance and Culture in Employee Owned Companies
I am pleased to share that our research on governance and culture within employee owned companies has been published in the Journal of Participation and Employee Ownership.
This research is a sequential mixed method, using the Stewardship Climate Scale as the quantitative method, and structured interview as the qualitative method.
The research included 154 ESOP companies drawn from The ESOP Association Membership, and represents a diverse industry group based on the NAICS classifications, age, and size of company.
The major finding is that 96% of the US ESOP companies participating in the research study self-identified as having a Stewardship governance.
While not included within this research paper, we have examined governance within a small sampling of Scottish companies organized as an Employee Ownership Trust and found similar results – inferring that cultures within employee owned companies may transcend national cultures.
If you are interested in examining the governance within your ESOP please contact Dr. Van Doel, via Email.