IAFP 2024 RoundTable Report

Round Table memorandum by Jorgen PEDERSEN = >>

Program =>>

Welcome and Opening Speech by Malcolm Hurlston =>>

European ESOP The model, the pilots, the law (Tej Gonza Co-founder and director of IED Slovenia) =>>

Employee Ownership Brought Back (Domen Kacin Vodičar INEA Slovenia) =>>

ESOP Empowered by smart money financing (Andraž Grahek, Managing Partner & Founder, Capital Genetics Slovenia) =>>

Employee Share Ownership in Bulgaria (Katerina Dimova Bachvarova – Lawyer) = >>

Employee Share Ownership Development Foundation (Krzysztof Ludwiniak, Director Poland)

Domains Of Expertise for participatory firms Pontifical University of John Paul II (Prof Ryszard Stocki, Faculty of Philosophy Poland) =>>

Economic democracy in the czech republic (Ilona Švihlíkov) =>>

Konzum (Miloslav Hlavsa, Director Czechia)

European ESOP: The main structural features and pilot implementation in Slovenia

In Europe, employee ownership (EO) is increasingly identified as one of the most operational
and effective economic alternatives to the dysfunctional economic system of the 21st century.1
This is understandable since the Western counterparts are exemplary cases of excellent
practice in the field of EO. Over the Atlantic, the American Employee Stock Ownership Plan
(US ESOP) was introduced already in the late 1970s and now there are about 7.000 ESOPs in
the US covering about 10 % of the private workforce. More recently and closer to the EU, the
UK has passed the Employee Ownership Trust (EOT) law, which offers very similar buyout
mechanism and has very similar features with some notable exceptions.2
Just last year, the
Canadian government committed part of the national budget to establish employee ownership
based on the US and the UK examples in order to address the business succession problem
in small-and-medium-sized enterprise.

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