Shareholder versus Stakeholder
I sometimes wonder why companies don't issue stock to their employees as part of their compensation and then I realized that they do often issue stock for employees. There are folks that get stock options,or are given shares to put in their retirement accounts or employees may own the company like Publix Super Market that is based in Florida and employees over 160,000 people.
According to the National Center for Employee Ownership 710,000 people are employed in the 100 largest employee owned companies.
If you were offered stock in a company in an industry with poor prospects going forward, an employee might bargain for the best rate possible and then take their chances.
What if the NBA was owned by the players. What if the NFL was owned by the players. How much would Lebron James be worth, how much would Tom Brady be worth, and how much would a coach be worth, and how much would a stadium be worth.
It's obvious that great players will raise all the boats. Tiger Woods can generate fan interest in golf in ways almost no other golfer can and he is one of the highest paid athletes in the world.
It's important to: keep good workers and keep your customers happy, keep your banker(s) happy.
According to the National Center for Employee Ownership 710,000 people are employed in the 100 largest employee owned companies.
If you were offered stock in a company in an industry with poor prospects going forward, an employee might bargain for the best rate possible and then take their chances.
What if the NBA was owned by the players. What if the NFL was owned by the players. How much would Lebron James be worth, how much would Tom Brady be worth, and how much would a coach be worth, and how much would a stadium be worth.
It's obvious that great players will raise all the boats. Tiger Woods can generate fan interest in golf in ways almost no other golfer can and he is one of the highest paid athletes in the world.
It's important to: keep good workers and keep your customers happy, keep your banker(s) happy.
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