(UL)
  • Marcora for Europe : how worker-buyouts might help save jobs and build resilient businesses
    Gonza, Tej ...
    The sector of small and medium-sized enterprises is lately under immense pressure due to restrictive governmental response to the COVID-19 pandemic. One of the dominant issues is concerned with ... financial liquidity – the threat is large-scale insolvency, job losses in thousands, and disappearance of businesses from local communities. There is a time-tested solution in Spain and Italy that provides liquidity to such enterprises in a democratic manner by establishing employee ownership schemes. In addition to saving businesses, employee-owned firms proved to provide more resilient business structures that better withstand crises. Despite the concerns that such an aid scheme meets the indications of a general prohibition of State aid and is thus illegal, the doubts were scattered by the Commission's decision which offered guidance and clarification. Based on good practice, we propose a universal model that could be legislated in most EU Member States.
    Vir: European state aid law quarterly. - ISSN 1619-5272 (Vol. 20, no. 1, 2021, str. 61-73)
    Vrsta gradiva - članek, sestavni del ; neleposlovje za odrasle
    Leto - 2021
    Jezik - angleški
    COBISS.SI-ID - 127831299
    DOI

vir: European state aid law quarterly. - ISSN 1619-5272 (Vol. 20, no. 1, 2021, str. 61-73)

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