Steward ownership in practice

Case Studies

From software start-ups to century-old manufacturers, companies have embedded mission-orientation and independence into their legal structure – permanently. Explore how they made the transition and what it means for founders, investors, employees and other stakeholders.

Reading recommendation

Curious about case studies embedded in articles around steward ownerhip and exciting interviews? Our Steward Ownership 101 book offers exactly that!

All case studies

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26 Results
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Sharetribe

When Juho Makkonen and Antti Virolainen went looking for investors in 2018, they realized conventional ownership models were built on incentives that simply didn't align with their vision. So they rewired the entire structure of their company.

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Novo Nordisk

Novo Nordisk (responsible for nearly half the world's insulin supply and $40 billion in annual revenue) has been controlled by a nonprofit foundation for almost 100 years. A story of how a company held firm against mergers, shareholder pressure, and global competition.

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Bosch

Bosch is one of the oldest steward ownership lighthouses. 92% of shares held by the Robert Bosch Stiftung. Profits serve the company's mission and fund philanthropic work.

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Zeiss

One of the earliest examples of steward ownership. The Zeiss and Schott companies are owned by a foundation – no individual can extract the company's value for personal gain.

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Organically Grown Company – Aligned Financing

This case study explores the financing set-up that allowed Organically Grown Company to transition into steward ownership and to buy out its former shareholders – farmers, employees, and ESOP participants – without compromising the company’s mission or stability.

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BuurtzorgT – Aligned Financing

This case study shows how investor partnership based on trust can revolutionize the healthcare sector

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WILDPLASTIC® – Aligned Financing

Explore how Wildplastic found a way for its financing structures to be purpose-aligned and matching its long-term mission of combatting plastic pollution

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Haferkater - Aligned Financing

Find out how Haferkater reinvented train station food and investment with crowd support and aligned investors.

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