Merits of employee owners

Employee equity ownership of companies has been promoted in the U.S. since the country's founding. After the Revolutionary War, Treasury Secretary Alexander Hamilton fostered the resurgence of the codfish industry by providing financial subsidies – but only for ships that had written profit-sharing agreements with their crews. This program, enacted in 1792, lasted until after…
To read the full story, Subscribe or
Subscribe to PBN
- Advertisement -