Model Growth: Do employee-owned businesses deliver sustainable performance?

Lampel, Joseph, Bhalla, Ajay and Jha, Pushkar (2010) Model Growth: Do employee-owned businesses deliver sustainable performance? Project Report. Employee Ownership Association.

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Abstract

Research by Cass Business School, sponsored by The John Lewis Partnership, looks at how employee-owned businesses performed before and during the recession. Based on an in-depth survey of senior executives and an analysis of the financial data of over 250 companies, the study finds that employee-owned firms:

• create new jobs more quickly than conventionally structured businesses - they recruit more employees at a faster rate and reward employees with higher wages;

• are nevertheless as profitable as conventional businesses;

• are more resilient: their performance is more stable over business cycles, and they have outperformed the market during the downturn;

• are also more robust: employee-owned businesses have a lower risk of business failure.

Item Type:	Report (Project Report)
Subjects:	N100 Business studies
Department:	Faculties > Business and Law > Newcastle Business School
Depositing User:	Becky Skoyles
Date Deposited:	14 Mar 2014 15:58
Last Modified:	19 Nov 2019 09:53
URI:	http://nrl.northumbria.ac.uk/id/eprint/15831

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