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Employee Ownership: It's Good for Business – and for the Soul
The Beyster Institute, UC San Diego
[Opinion] Apr. 2, 2008
Excerpt: Study after study has confirmed the fact that employee ownership helps companies be more productive, more competitive, and more profitable. In short, employee ownership is good for business. And that's a great thing. But there is something more that is at work in employee ownership companies. In the way they operate, and by their very nature, these companies tap into the universal human hunger for meaning, for the pursuit of a higher purpose – one that transcends the drive for personal benefit. These companies generate outsized returns not only for the pocketbook, but for the soul.
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