Employees and Ownership

Trends, Characteristics, and Policy Implications of

State Employee Ownership Legislation

John Grummel and John Logue

Ohio Employee Ownership Center

Kent State University

Table of Contents

List of Figures*

Acknowledgements*

I. Employee Ownership as Public Policy*

Introduction *

What is to come! *

II. Review of Employee Ownership Performance Literature*

Introduction *

Employee Ownership Program Evaluation *

Before the GAO Study *

The General Accounting Office Study *

After GAO Study *

Summary and Implications *

III. A Survey of Employee Ownership Legislation at the State Level in the 1990s*

Introduction *

Trends in Employee Ownership Legislation *

Trend One *

Trend Two *

Trend Three *

Concluding Remarks *

IV. Summary of State Employee Ownership Legislation*

Introduction *

Increasing Awareness: State Policies, Education, and Interdepartmental Awareness *

Facilitating Employee Ownership *

Providing Technical Assistance *

Providing Financial Assistance *

Encouraging Employee Participation *

Concluding Remarks *

V. The Ohio State Employee Ownership Program and Model State Program*

Ohio Employee Ownership Program *

A Model State Program *

VI. Conclusions and Recommendations*

Appendix I. Major Federal Legislation Concerning Employee Ownership *

Appendix II. Summary of Specific Employee Ownership Legislation by State *

Works cited *

List of Figures

Figure 1: State Policy Declarations Passed Concerning Employee Ownership *

Figure 2: States which no longer have Policy Declaration or Program *

Figure 3: State Policy Declarations Concerning Employee Ownership *

Figure 4: State Policies Promoting Education and Interdepartmental Awareness *

Figure 5: State Policies Facilitating Employee Ownership *

Figure 6: State Policies Providing Technical Assistance *

Figure 7: State Policies Providing Financial Assistance, by Type *

Figure 8: Method of Financing *

Figure 9: State Policies Encouraging Employee Participation *

Acknowledgements

The contributions of numerous persons made this study possible. The work done by Cathy Ivancic on the original study has been of the utmost importance in this follow up study. Stevie Rinehart, in the earlier 1990s, also contributed to this study by collecting data on state legislation and state programs in an earlier attempt to update the original study. The most important contributors to this study were those people throughout the United States that have been involved in employee ownership programs that have provided information to the Ohio Employee Ownership Center over the years. Their assistance is greatly appreciated. John Grummel would like to thank Kent State University for the opportunity to work at the Ohio Employee Ownership Center and the Ohio Employee Ownership Center for providing the opportunity to work on this project.

Date: 2015-01-11; view: 845