Sustaining Employee Owned Companies: Seven Recommendations

Journal of Business Ethics 84 (2):151-164 (2009)
  Copy   BIBTEX


The employee owned company (EOC) might be the ideal blend of capitalism and communitarianism that vitalizes the global economy. EOCs – based on the concepts of employee participation and control – have sprung up in the United Kingdom, some parts of the European Union, the United States, Japan, and the former Eastern Bloc countries. Research has shown that they are able to compete effectively with more traditional companies. However, in addition to the pressures of business competition, EOCs face two other key problems as they strive to survive: (1) degeneration and (2) human nature and the abuse of power. After introducing the idea of the EOC and describing briefly these two key problems, this article presents seven recommendations for sustaining employee owned companies. These recommendations – grounded in sound organizational theory and the writings of experts in the field of employee ownership – are offered as hypotheses to be examined empirically by future researchers.



    Upload a copy of this work     Papers currently archived: 91,088

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

Can the Workers Run the Firm?[author unknown] - 2001 - Business Ethics: The Magazine of Corporate Responsibility 15 (5):13-13.
The 100 Largest Majority Employee-Owned Companies.[author unknown] - 2001 - Business Ethics: The Magazine of Corporate Responsibility 15 (5):14-15.
Trust and Ethics in Employee-Owned Companies.Thomas C. Berg & Gerald I. Kalish - 1997 - Business and Professional Ethics Journal 16 (1):211-223.
Are East Asian Companies Benefiting from Western Board Practices?John Nowland - 2008 - Journal of Business Ethics 79 (1-2):133 - 150.


Added to PP

34 (#420,338)

6 months
2 (#785,137)

Historical graph of downloads
How can I increase my downloads?