Since 1976, Sweden has had a policy of ‘Co-determination’ where 2-3 members of every company board must be appointed by a trade union as employee representatives.
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Andrew Pendleton – Solving succession woes with Employee Ownership Trusts
When it’s time for a business owner or founder to exit their organisation, it’s not quite as simple as picking out the right farewell cake for the goodbye party. Indeed, as demonstrated by Jeff Bezos’ move from CEO to Chairman of the Board at Amazon, any sort of ownership transition or succession planning requires careful planning and execution.