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Alternative Ownership: Moving Beyond Shareholder Primacy to Reward All Stakeholders

Alternative Ownership: Moving Beyond Shareholder Primacy to Reward All Stakeholders
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Expanding Economic Opportunity for Hawaii Small Businesses

Kaiser Permanente, Project Equity, and Obran Cooperative create the Business Resiliency Through Employee Ownership initiative to improve economic health. ....

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The projects range from public safety to education to infrastructure to economic development to community health

U.S. Senators Ben Cardin and Chris Van Hollen announced that nearly $50 million in direct federal funding for local projects across the Baltimore region was included within the fiscal year 2022 omnibus funding legislation, which the Senators voted to pass Thursday evening. ....

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Worker-Owned Cooperatives Are Creating Their Own Funding Networks

Because of their unorthodox ownership structures, cooperatively owned businesses don’t fit neatly into most lenders’ boxes. So one group decided to build their own source of funding. ....

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Worker-Owned Cooperatives are Building Their Own Investment Network

Robinson lives in North Richmond, a 1.5 square-mile unincorporated area of Contra Costa County, California, at the northern end of the Bay Area, nearly surrounded by the City of Richmond proper. Predominantly Black and Hispanic, in normal economic times North Richmond’s unemployment rate stubbornly hovers around 22 percent, with a median income of around $26,000. Located just west of and therefore downwind from a major Chevron oil refinery, North Richmond has long suffered from higher child asthma rates and other chronic health issues related to air pollution than other parts of Contra Costa county.
But as they do in neighborhoods like these in cities across the country, people find a way. “I know so many people that are hustling in my community but they’re not legal,” says Robinson. “Those were my businesses growing up here.” ....

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