In May this year, a report from the Social Market Foundation identified that less than 5% of working age individuals are employee shareholders and called for the concept to be expanded.
Some of the benefits of a Stake in success, as the report is called, are familiar, notably the potential financial benefit to employees, and increasing corporate coherence and continuity. However, the key question for potential investors is whether companies which operate share-ownership arrangements, are likely to be more profitable than those that do not. And when viewed through an ESG lens, are such companies likely to score more highly, particularly with regard to ‘S'? Raymond James to offer US 'employee' model to wealth manager partners Whatever the incentive structure...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes