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By mid-1989, institutions made up 43 percent of stock ownership.
"I got the idea that stock ownership was a responsibility," he said.
The company established an employee stock ownership plan last year.
The other big block went to an employee stock ownership plan.
Federal ethics laws are quite clear when it comes to stock ownership.
Initially, stock ownership is given to the community in order to promote the process.
Whether workers can be considered working class if they own personal property or small amounts of stock ownership.
The transaction also calls for an employee stock ownership plan to be put in place.
Bank workers will be able to participate through an employee stock ownership program.
The incentive of stock ownership, he said, can lead to improved production.
Its employee stock ownership plan owns a 30 percent interest in the firm.
The agreement also includes a new stock ownership plan for the 175 people involved in the combined management team.
The company also agreed to buy up to 900,000 shares for an employee stock ownership plan.
The shares are expected to be used for employee stock ownership plans, the company said.
There was no reference to his stock ownership in the plea agreement.
He centered his proposal on an employee stock ownership plan.
But Carver is finding the road to stock ownership a rough one.
The stock ownership plan in particular fostered confusion among some employees.
We modeled our employee stock ownership plan after Sam's, and it worked for us as well.
In 1987, the pilots' union offered to buy the company through an employee stock ownership plan.
An employee stock ownership plan was began in 1975.
The new leveraged employee stock ownership plan will begin July 1.
That will involve reducing stock ownership to several hundred people from about 1,000, he added.
He also wants employee stock ownership to play a large role in privatizations.
Employee stock ownership plans are seen as a way for companies to place shares in friendly hands.