Theory of Steward-Ownership
This chapter lays the theoretical groundwork for steward-ownership. It facilitates an in-depth conversation on corporate ownership with leading expert Prof. Colin Mayer and places steward-ownership within a broader ecosystem of alternative ownership structures like employee ownership and outlines how it relates to them. We explore the distinct principles of steward-ownership, examining the different legal pathways and general structures available for its implementation.
3.1 The Role of Ownership in Purposeful Business
An interview with Prof. Colin Mayer
Professor Colin Mayer dives into academic definitions of purpose in business and how ownership relates to this.
3.2 Unbundling Ownership
From wealth- to steward-ownership
This chapter explains how ownership actually consists of multiple rights that can be unbundled. Learn about the differences in voting and economic rights.
3.3 Employee Ownership, B Corps, ...
Steward-ownership & other models
This overview connects the concept of steward-ownership with other alternative business models and explores their overlaps, connections and differences.
3.4 Models of Steward-Ownership
Different ways of implementation
There are different models of how steward-ownership can be implemented: from foundation models to veto-shares. At the end of the chapter, you also find a table summarising the core differences and application fields of different models of implementation.
3.5 Theory of Steward-Ownership Sales and Mergers Sales and Mergers
Can a steward-owned company be sold?
Check out this chapter to myth-bust some questions around the sale of businesses in steward-ownership. Spoiler: Yes, it can happen, but never for personal financial gain of owners.