Economic Performance of ESOP Companies discusses the results of the Employee Ownership Foundation's 16th Annual ESOP Economic Performance Survey, which we previously discussed in Creating an ESOP is a Good Business Decision:
"We've always said the economic performance of ESOP companies surpassed that of non-ESOP companies, in fact, we have results to prove it. In 2007, over 89% of ESOP companies responding to an annual survey conducted by the Employee Ownership Foundation stated that the ESOP was good for business. The same can be said for the last few years with corresponding numbers respectively at 91% in 2006, 87.5% in 2005 and 88% in 2004.
While we know that comparing the performance of an ESOP companies stock to that of the stock market is an apples and organs comparison, but we find it to be a good indicator of performance. In 2007 41% stated that the company did better than three indices, the Dow Jones Industrial Average, S & P 500, and the NASDAQ."
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