logo
episode-header-image
May 2024
46m 33s

Should Companies Be Owned by Their Worke...

Freakonomics Radio + Stitcher
About this episode
The employee ownership movement is growing, and one of its biggest champions is also a private equity heavyweight. Is this meaningful change, or just window dressing? 
Up next
Yesterday
685. How to Survive the A.I. Shock
Gina Raimondo, a former commerce secretary and governor, thinks A.I. will create plenty of jobs in the long run. She also thinks a poorly managed transition could tear the country apart. So she came up with a plan. SOURCES:Gina Raimondo, co-chair and C.E.O. of RAISE US. RESOURCES ... Show More
57m 37s
Sep 2
How to Run an Institution in an Anti-Institution Era | Better in Person
Anne Pasternak (Brooklyn Museum) and Michael Roth (Wesleyan University) tell Stephen Dubner how they keep the peace in the middle of a culture war. If you'd like to see the video version of Better in Person, you can watch it on YouTube or Apple Podcasts. Hosted by Simplecast, an ... Show More
37m 35s
Aug 28
How to Return Stolen Art (Update)
Museums are purging their collections of looted treasures. Can they also get something in return? And what does it mean to be a museum in the 21st century? (Part 3 of an updated series originally published in 2023.) SOURCES: Patricia Allan, museum consultant, former curator of wo ... Show More
50m 48s
Recommended Episodes
Jan 2023
How Employee Ownership Models Can Boost Returns: KKR’s Pete Stavros
In this episode of Exchanges at Goldman Sachs: Great Investors, Pete Stavros, co-head of Americas Private Equity at KKR, speaks with Alison Mass, chairman of Goldman Sachs Investment Banking, about his role in implementing broad-based employee ownership models, his views on the e ... Show More
24m 57s
Nov 2024
Private equity’s experiment with worker ownership
<p>Private equity earned a reputation as a ruthless and lucrative business. But over the past few years, large groups have been doing something that seems like the opposite of their cutthroat image: giving equity worth hundreds of thousands of dollars to the ordinary workers at t ... Show More
16m 26s
Jul 2022
Woke or Broke?
From Disney to the Halifax bank, companies are increasingly willing to take a stance on everything. But what is driving this trend and will it continue? Ultimately isn't it the job of a business to make money for its shareholders and not get involved in politics and contentious s ... Show More
28m 53s
Sep 2022
KKR, Pete Stavros – Employee Ownership at C.H.I. Overhead Doors (PE Deals EP. 1)
Pete Stavros from KKR dives into C.H.I. Overhead Doors. Pete is the Co-Head of Americas Private Equity at KKR, the legendary firm founded in 1976 that today is a public company managing around $500 billion in assets. Pete previously led KKR’s Industrials team, where he pioneered ... Show More
47m 25s
Apr 2023
What’s driving the surge in shareholder activism activity?
Even the world's largest companies aren't immune to activist investors. With the management teams of large-cap companies attracting the attention of activism campaigns, what are the implications for corporate strategy and shareholders? In the latest episode of Exchanges at Goldma ... Show More
17m 14s
Dec 2022
Employee Ownership: A Panel Discussion
In the U.S., employee stock ownership plans, or ESOPs, have long been an effective tool for both business owners and employees. According to the National Center for Employee Ownership, there are approximately 7,000 ESOPs in the U.S. that hold about $1.7 trillion in assets, coveri ... Show More
35m 10s
Sep 2023
Mailbag: incl. Should I go with Private Equity? September 24, 2023
tail spinning
55m 13s
May 2021
WorkLife with Adam Grant: Who's the Boss?
Workers are now expecting more from their employers beyond a paycheck and benefits. Employees want an employer who lines up with their values outside of work and stands up in the name of justice. And when they don’t, employees are becoming more active about asking their companies ... Show More
41m 13s
Nov 2023
Can You Care for Your People and Protect Your Profits?
Today we’ll hear about: •       What to do when transferring ownership in a high-risk business •       Why small businesses should stop trying to compete with Corporate America with employee benefits •       The best way to handle an employee who consistently misses work because ... Show More
46m 3s