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77 relations: Baltic states, Barry Goldwater, Bob Packwood, C corporation, Capital participation, Center on Business and Poverty, Co-determination, Co-operatives UK, Company, Cooperative, Corporation, Dan Rostenkowski, Defined contribution plan, Department for Business, Innovation and Skills, Economics of participation, Employee benefits, Employee Retirement Income Security Act of 1974, Employee stock ownership plan, Employment, Enron, Estonia, Financial Times, George Osborne, Gerald Ford, Hy-Vee, Income tax, Internal Revenue Code, Internal Revenue Service, John Lewis Partnership, Labour law, Law, Layoff, Lee Iacocca, Lifetouch, List of employee-owned companies, Lithuania, Louis O. Kelso, MCI Inc., Mondragon Corporation, Mortimer J. Adler, Multinational corporation, New Belgium Brewing Company, Oakland, California, Option (finance), Pension, Phantom stock, Plan, Polaroid Corporation, Procter & Gamble, Publix, ..., Railway Express Agency, Restricted stock, Revenue Act of 1921, Revenue Act of 1978, Richard Nixon, Robert C. Pittman, Ronald Reagan, Royal assent, Russell B. Long, S corporation, Sears, Share (finance), Share repurchase, Social enterprise, Starbucks, Stock, Takeover, The Capitalist Manifesto, Think tank, Trade union, Transport Act 1985, Unfair dismissal, United Airlines, United States Congress, Whole Foods Market, WinCo Foods, Worker cooperative. Expand index (27 more) »
Baltic states
The Baltic states, also known as the Baltic countries, Baltic republics, Baltic nations or simply the Baltics (Balti riigid, Baltimaad, Baltijas valstis, Baltijos valstybės), is a geopolitical term used for grouping the three sovereign countries in Northern Europe on the eastern coast of the Baltic Sea: Estonia, Latvia, and Lithuania.
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Barry Goldwater
Barry Morris Goldwater (January 2, 1909 – May 29, 1998) was an American politician, businessman, and author who was a five-term United States Senator from Arizona (1953–65, 1969–87) and the Republican Party's nominee for President of the United States in 1964.
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Bob Packwood
Robert William Packwood (born September 11, 1932) is an American former attorney and politician from Oregon and a member of the Republican Party.
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C corporation
A C corporation, under United States federal income tax law, refers to any corporation that is taxed separately from its owners.
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Capital participation
Capital participation (sometimes also called equity participation or equity interest) is a form of equity sharing not restricted to housing, in which a company, infrastructure, property or business is shared between different parties.
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Center on Business and Poverty
Center on Business and Poverty (COBAP) is a non-profit organization that supports writing and community projects related to employers which participate in social enterprise or employee ownership.
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Co-determination
Codetermination (also "copartnership" or "worker participation") is the practice of workers of an enterprise having the right to vote for representatives on the board of directors in a company.
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Co-operatives UK
Co-operatives UK is "the central membership organisation for co-operative enterprise throughout the UK".
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Company
A company, abbreviated as co., is a legal entity made up of an association of people for carrying on a commercial or industrial enterprise.
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Cooperative
A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise".
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Corporation
A corporation is a company or group of people or an organisation authorized to act as a single entity (legally a person) and recognized as such in law.
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Dan Rostenkowski
Daniel David Rostenkowski (January 2, 1928 – August 11, 2010) was a United States Representative from Chicago, serving from 1959 to 1995.
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Defined contribution plan
A defined contribution (DC) plan is a type of retirement plan in which the employer, employee or both make contributions on a regular basis.
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Department for Business, Innovation and Skills
The Department for Business, Innovation and Skills (BIS) was a ministerial department of the United Kingdom Government created on 5 June 2009 by the merger of the Department for Innovation, Universities and Skills (DIUS) and the Department for Business, Enterprise and Regulatory Reform (BERR).
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Economics of participation
Economics of participation is an umbrella term spanning the economic analysis of worker cooperatives, labor managed firms, profit sharing, gain sharing, employee ownership, employee stock ownership plans, works councils, codetermination, and other programs and policies by which employees participate in decision making and or financial results in firms.
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Employee benefits
Employee benefits and (especially in British English) benefits in kind (also called fringe benefits, perquisites, or perks) include various types of non-wage compensation provided to employees in addition to their normal wages or salaries.
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Employee Retirement Income Security Act of 1974
The Employee Retirement Income Security Act of 1974 (ERISA) (codified in part at) is a federal United States tax and labor law that establishes minimum standards for pension plans in private industry.
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Employee stock ownership plan
An employee stock ownership plan (ESOP) is an employee-owner program that provides a company's workforce with an ownership interest in the company.
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Employment
Employment is a relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.
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Enron
Enron Corporation was an American energy, commodities, and services company based in Houston, Texas.
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Estonia
Estonia (Eesti), officially the Republic of Estonia (Eesti Vabariik), is a sovereign state in Northern Europe.
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Financial Times
The Financial Times (FT) is a Japanese-owned (since 2015), English-language international daily newspaper headquartered in London, with a special emphasis on business and economic news.
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George Osborne
George Gideon Oliver Osborne (born 23 May 1971) is a British Conservative Party politician, who was Member of Parliament (MP) for Tatton from June 2001 until he stood down on 3 May 2017.
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Gerald Ford
Gerald Rudolph Ford Jr. (born Leslie Lynch King Jr; July 14, 1913 – December 26, 2006) was an American politician who served as the 38th President of the United States from August 1974 to January 1977.
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Hy-Vee
Hy-Vee is an employee-owned chain of more than 245 supermarkets located throughout the Midwestern United States in Iowa, Illinois, Kansas, Minnesota, Missouri, Nebraska, South Dakota, and Wisconsin.
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Income tax
An income tax is a tax imposed on individuals or entities (taxpayers) that varies with respective income or profits (taxable income).
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Internal Revenue Code
The Internal Revenue Code (IRC), formally the Internal Revenue Code of 1986, is the domestic portion of federal statutory tax law in the United States, published in various volumes of the United States Statutes at Large, and separately as Title 26 of the United States Code (USC).
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Internal Revenue Service
The Internal Revenue Service (IRS) is the revenue service of the United States federal government.
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John Lewis Partnership
The John Lewis Partnership PLC (JLP) is a British company which operates John Lewis department stores, Waitrose supermarkets, its banking and financial services, and other retail-related activities.
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Labour law
Labour law (also known as labor law or employment law) mediates the relationship between workers, employing entities, trade unions and the government.
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Law
Law is a system of rules that are created and enforced through social or governmental institutions to regulate behavior.
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Layoff
A layoff is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) for business reasons, such as personnel management or downsizing an organization.
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Lee Iacocca
Lido Anthony "Lee" Iacocca (born October 15, 1924) is an American automobile executive best known for spearheading the development of Ford Mustang and Pinto cars, while at the Ford Motor Company in the 1960s, and then later for reviving the Chrysler Corporation as its CEO during the 1980s.
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Lifetouch
Lifetouch Inc.
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List of employee-owned companies
This is a list of notable employee-owned companies by country. These are companies in which employees have an ownership stake.
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Lithuania
Lithuania (Lietuva), officially the Republic of Lithuania (Lietuvos Respublika), is a country in the Baltic region of northern-eastern Europe.
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Louis O. Kelso
Louis Orth Kelso (December 4, 1913 – February 17, 1991) was a political economist, corporate and financial lawyer, author, lecturer and merchant banker who is chiefly remembered today as the inventor and pioneer of the employee stock ownership plan (ESOP), invented to enable working people without savings to buy stock in their employer company and pay for it out of its future dividend yield.
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MCI Inc.
MCI, Inc. (d/b/a Verizon Business) was an American telecommunication corporation, currently a subsidiary of Verizon Communications, with its main office in Ashburn, Virginia.
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Mondragon Corporation
The Mondragon Corporation is a corporation and federation of worker cooperatives based in the Basque region of Spain.
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Mortimer J. Adler
Mortimer Jerome Adler (December 28, 1902 – June 28, 2001) was an American philosopher, educator, and popular author.
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Multinational corporation
A multinational corporation (MNC) or worldwide enterprise is a corporate organization that owns or controls production of goods or services in at least one country other than its home country.
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New Belgium Brewing Company
New Belgium Brewing Company is a 100% employee-owned craft brewery located in Fort Collins, Colorado and the maker of Fat Tire Belgian Style Ale.
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Oakland, California
Oakland is the largest city and the county seat of Alameda County, California, United States.
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Option (finance)
In finance, an option is a contract which gives the buyer (the owner or holder of the option) the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price on a specified date, depending on the form of the option.
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Pension
A pension is a fund into which a sum of money is added during an employee's employment years, and from which payments are drawn to support the person's retirement from work in the form of periodic payments.
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Phantom stock
Phantom stock is a contractual agreement between a corporation and recipients of phantom shares that bestow upon the grantee the right to a cash payment at a designated time or in association with a designated event in the future, which payment is to be in an amount tied to the market value of an equivalent number of shares of the corporation's stock.
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Plan
A plan is typically any diagram or list of steps with details of timing and resources, used to achieve an objective to do something.
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Polaroid Corporation
Polaroid is an American company that is a brand licensor and marketer of its portfolio of consumer electronics to companies that distribute consumer electronics and eyewear.
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Procter & Gamble
Procter & Gamble Co. (P&G) is an American multi-national consumer goods corporation headquartered in downtown Cincinnati, Ohio, founded in 1837 by British American William Procter and Irish American James Gamble.
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Publix
Publix Super Markets, Inc., commonly known as Publix, is an employee-owned, American supermarket chain headquartered in Lakeland, Florida.
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Railway Express Agency
The Railway Express Agency (founded as American Railway Express Agency; later, American Railway Express Inc.) was a national package delivery service that operated in the United States from 1918 to 1975.
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Restricted stock
Restricted stock, also known as letter stock or restricted securities, is stock of a company that is not fully transferable (from the stock-issuing company to the person receiving the stock award) until certain conditions (restrictions) have been met.
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Revenue Act of 1921
The United States Revenue Act of 1921 (ch. 136,, November 23, 1921) was the first Republican tax reduction following their landslide victory in the 1920 federal elections.
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Revenue Act of 1978
The United States Revenue Act of 1978,, amended the Internal Revenue Code by reducing individual income taxes (widening tax brackets and reducing the number of tax rates), increasing the personal exemption from $750 to $1,000, reducing corporate tax rates (the top rate falling from 48 percent to 46 percent), increasing the standard deduction from $3,200 to $3,400 (joint returns), increasing the capital gains exclusion from 50 percent to 60 percent (effectively reducing the rate of taxation on realized capital gains to 28%), and repealing the non-business exemption for state and local gasoline taxes.
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Richard Nixon
Richard Milhous Nixon (January 9, 1913 – April 22, 1994) was an American politician who served as the 37th President of the United States, serving from 1969 until 1974, when he resigned from office, the only U.S. president to do so.
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Robert C. Pittman
Robert C. Pittman (April 25, 1922 – October 27, 1996) was a US Army Air Forces pilot, electrical engineer, and entrepreneur.
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Ronald Reagan
Ronald Wilson Reagan (February 6, 1911 – June 5, 2004) was an American politician and actor who served as the 40th President of the United States from 1981 to 1989.
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Royal assent
Royal assent or sanction is the method by which a country's monarch (possibly through a delegated official) formally approves an act of that nation's parliament.
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Russell B. Long
Russell Billiu Long (November 3, 1918 – May 9, 2003) was an American Democratic politician and United States Senator from Louisiana from 1948 until 1987, and chairman of the Senate Finance Committee for fifteen years from 1966 to 1981.
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S corporation
An S corporation, for United States federal income tax purposes, is a closely held corporation (or, in some cases, a limited liability company (LLC) or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code.
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Sears
Sears, Roebuck and Company, colloquially known as Sears, is an American chain of department stores founded by Richard Warren Sears and Alvah Curtis Roebuck in 1892, reincorporated (a formality for a history-making consumer sector initial public offering) by Richard Sears and new partner Julius Rosenwald in 1906.
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Share (finance)
In financial markets, a share is a unit used as mutual funds, limited partnerships, and real estate investment trusts.
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Share repurchase
Share repurchase (or stock buyback) is the re-acquisition by a company of its own stock.
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Social enterprise
A social enterprise is an organization that applies commercial strategies to maximize improvements in financial, social and environmental well-being—this may include maximizing social impact alongside profits for external shareholders.
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Starbucks
Starbucks Corporation is an American coffee company and coffeehouse chain.
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Stock
The stock (also capital stock) of a corporation is constituted of the equity stock of its owners.
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Takeover
In business, a takeover is the purchase of one company (the target) by another (the acquirer, or bidder).
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The Capitalist Manifesto
The Capitalist Manifesto is a 1958 book by Louis O. Kelso, a lawyer-economist and Employee Stock Ownership Plan (ESOP) inventor, and Mortimer J. Adler, an Aristotelian philosopher.
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Think tank
A think tank, think factory or policy institute is a research institute/center and organisation that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture.
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Trade union
A trade union or trades union, also called a labour union (Canada) or labor union (US), is an organization of workers who have come together to achieve many common goals; such as protecting the integrity of its trade, improving safety standards, and attaining better wages, benefits (such as vacation, health care, and retirement), and working conditions through the increased bargaining power wielded by the creation of a monopoly of the workers.
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Transport Act 1985
The Transport Act 1985 was an Act of Parliament in the United Kingdom.
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Unfair dismissal
In labour law, unfair dismissal is an act of employment termination made without good reason or contrary to the country's specific legislation.
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United Airlines
United Airlines, Inc., commonly referred to as United, is a major United States airline headquartered in Chicago, Illinois.
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United States Congress
The United States Congress is the bicameral legislature of the Federal government of the United States.
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Whole Foods Market
Whole Foods Market Inc. is an American supermarket chain that specializes in selling organic foods products without artificial additive products for growing foods, colors, flavors, sweeteners, and hydrogenated fats.
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WinCo Foods
WinCo Foods, Inc. is a privately held, majority employee-owned American supermarket chain based in Boise, Idaho with retail stores in Arizona, California, Idaho, Nevada, Oklahoma, Oregon, Texas, Utah, and Washington.
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Worker cooperative
A worker cooperative, is a cooperative that is owned and self-managed by its workers.
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EOCC, Employee Benefit Trust, Employee Owned, Employee Owned Corporation, Employee Share Ownership Plan, Employee Stock Ownership Plan, Employee Stock Ownership Plan (ESOP), Employee Stock Ownership Program, Employee Stock Ownership Programs, Employee benefit trust, Employee buyout, Employee investment, Employee owned business, Employee owned corporation, Employee owner, Employee ownership, Employee share ownership plans, Employee share schemes, Employee shareholder, Employee stock, Employee stock option plans, Employee stock ownership, Employee stock ownership plans, Employee stock ownership program, Employee stock ownership programs, Employee stocks, Employee-owned, Employee-owned business, Employee-owned corporation, Rights for shares, Rights4shares, S corporation ESOP, Shares for rights, Timeline of Significant Events in ESOP Development, Timeline of employee stock ownership plan development, Worker stock options, Worker stocks.
References
[1] https://en.wikipedia.org/wiki/Employee_stock_ownership_plan
