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I think this is dependent on the age of the company. Last one I've looked at was SocGen - an old French bank. 90% of their shares are owned by employees and I t
by jevgeni 12y ago
I think this is dependent on the age of the company. Last one I've looked at was SocGen - an old French bank. 90% of their shares are owned by employees and I think somewhere around 7% by executives.
I can easily imagine that a just IPO'ed company would have a vastly different shareholder structure, though.
- mikeyouse 12y agoI just Googled SocGen's ownership and it looks like the employees own more like 7.5% of the company, and I'm assuming there's a power law in place where the C-Level execs own a vast majority of that bit too.. http://www.societegenerale.com/en/measuring-our-performance/information-and-publications/share-capital http://www.societegenerale.com/en/measuring-our-performance/...
- jevgeni 12y agoWell, I'm clearly misinformed. I thought that maybe my source meant the relative size of non-public shares, but even then it's ca. 49% employee ownership. Yeah, sorry for that. I stand corrected.