Financial Participation Of Employees In The Eu 27

Description:
The authors of this volume build upon the 2003 report of the European Parliament on asset formation, which called on the Commission to launch an initiative to promote Financial Participation of Employees. This book embraces all aspects and forms of Financial Participation. It promotes A European Platform for Financial Participation, providing a summary of the development of employee financial participation in the EU 27. This book offers an overview of the situation across the Member and Candidate countries as of 2007, and a proposal for a European policy, for example, the 'Building Block Approach', which draws upon the experience of employee financial participation in Western Europe as it relates to the European integration process. This book includes an outline of functional changes in property rights in Europe and reports on the legal framework for implementation of financial participation at a supranational level including tax incentives and a systematic overview of financial participation. It further presents the U.S. Employee Stock Ownership Plan (ESOP) as an example of an advanced model. For the first time, comparable empirical evidence of employee financial participation in the EU member and candidate countries is made available.

Table of Contents:
Preface Foreword PART I: A EUROPEAN PLATFORM FOR FINANCIAL PARTICIPATION; J.Lowitzsch Introduction Objective and Context The Current Situation in Europe Towards a European Concept for Financial Participation Conclusions and Summary PART II: THE LEGAL BACKGROUND The Challenge: Functional Changes in Property Rights in Europe; H.Roggemann & J.Lowitzsch Legal Framework for Implementing Financial Participation at the Supranational Level; J.Lowitzsch & N.Spitsa Systematic Overview of Financial Participation; J.Lowitzsch & A.Bormann The U.S. ESOP as an Example of an Advanced Model; J.D.Menke, S.Hanisch & J.Lowitzsch PART III: EMPIRICAL EVIDENCE AND COUNTRY INFORMATION Benchmarking Financial Participation in the EU; I.Hashi, R.Woodward & J.Lowitzsch Country Profiles For Each Country (I.--XXIX.); J.Lowitzsch, N.Spitsa & S.Hanisch

Author Biography:
JENS LOWITZSCH is Lawyer and senior researcher at the Inter-University Centre at the Institute for Eastern European Studies of the Free University of Berlin, where he received his doctoral degree in law in 2002. Being a specialist in civil law, European law and financial participation of employees, he acquired an economic background in various research and consulting projects. His involvement in technical assistance in the transition countries of Central and Eastern Europe focuses on insolvency law, business law, and privatization law.