Who owns an enterprise, and what rights are associated with that ownership, determines who controls and benefits from the economy. We need models that limit the profit-maximizing drive of outside investors and afford other stakeholders the opportunity to influence and financially benefit from the companies that affect their lives. There is a rich body of work which does just that: we refer to it as Alternative Ownership Enterprises (AOE).
Alternative Ownership Enterprises are firms that significantly shift economic value and decision-making power toward the non-investor stakeholders they impact, such as workers, producers, consumers, community members, or even a non-financial purpose. They provide a structural shift away from shareholder primacy, toward an economy that works for everyone.
Transform Finance is informing and mobilizing impact investors to accelerate the flow of capital toward high-impact Alternative Ownership Enterprises.
We're going to be releasing new materials on Alternative Ownership Enterprises, holding conversations, and developing programming for investors and ecosystem builders. Stay updated using the form below.