16 February 2017
A new index launched by Employee Ownership Australia (EOA) shows that companies with a strong employee ownership culture command a significant share price premium over publicly listed peers.
The Index focuses on the performance of listed companies with employee ownership compared to the ASX200.
Angela Perry, Chair of EOA, said that “employee ownership delivers numerous advantages to companies and this research sh9ows clear productivity improvements.
“Employee ownership also helps employees becomes owners of the companies they work for and in doing so creates saving and spreads wealth.”
The Index includes companies with at least 30% of employees participating in an ownership scheme.