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Are you even allowed to buy/sell shares in an employee owned co-op? I understood that share ownership was part of employment with the company. It entitles you t
by lsaferite 2y ago
Are you even allowed to buy/sell shares in an employee owned co-op? I understood that share ownership was part of employment with the company. It entitles you to a share in the profits and a share in the decision making, but I didn't think it was a tradable instrument itself.
- pineaux 2y agoThis is the answer to all the above. These shares give you a right to part of the profit, but cannot be sold.
- sokoloff 2y agoWhat does it mean to own something that you cannot sell/assign? That sounds like plain old profit sharing, not ownership.
- dbingham 2y agoOwnership in the sense of governance, not of property. Worker cooperatives are organizations that are governed by their workers for their workers, not owned as property to be traded or sold.