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Employee Ownership Update
by Corey
Rosen
NCEO Executive Director
March
1, 1998
Virginia
Commission Recommends Promoting ESOPs The Commonwealth
Competition Council and the Secretary of Administration
in Virginia have issued a report that recommends the
state enact legislation to promote the use of ESOPs
in the private sector and in the process of privatizing
state-owned or operated entities. The report recommends
that a state agency be assigned the task of finding
ways to facilitate employee ownership through education,
outreach, and technical support. The report also recommended
funding feasibility studies on selected state functions
that could be privatized through employee ownership.
Copies
of the report can be obtained by writing the Commonwealth
Competition Council, P.O.B. 1475, Richmond, VA 23212.
Request the report entitled "Secretary of Administration
and the Commonwealth Competition Council on Methods
to Privatize Appropriate State Government Functions
through the Development and Promotion of Employee-Owned
Companies."
Copyright
© 1998 by The National Center for Employee Ownership
(NCEO)
(phone 510/272-9461; e-mail nceo@nceo.org;
All rights reserved.
Corey
Rosen can provide consulting services to companies or
serve as an expert witness or consultant in legal proceedings.
See here for details.
For
in-depth coverage of ongoing developments in employee
ownership, read our newsletter, The Employee Ownership
Report, which
is sent exclusively to the NCEO's thousands of members.
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