UC professor discusses businesses' move to employee-owned model
Journal-News reports Matandy Companies complete Employee Stock Ownership Plan transaction
Companies in the Cincinnati region recently became employee-owned, a move that could have benefits for the employees and businesses, a University of Cincinnati finance professor told the Journal-News.
Colin Campbell, PhD, associate professor of finance at the University of Cincinnati Carl H. Lindner College of Business
Through an Employee Stock Ownership Plan (ESOP) transaction, Matandy Steel and Metal Products LLC, JN Linrose Manufacturing LLC and Lamp Metal Trusses Corp. became employee-owned businesses, giving workers ownership interest in the form of shares of stock.
“By being an owner of the company, it would encourage them to take ownership in the role and feel a connection to the company and want it to be as successful as possible,” said Colin Campbell, PhD, an associate professor of finance in UC's Carl H. Lindner College of Business.
As owners of the companies, employees will share in profits, though they'll also share in the risks of a market downturn.
“When the company does better, they’re going to make more money as well, that way they share in the profits or good fortunes of the company,” Campbell said.
See more from the Journal-News.
Featured image at top courtesy of Unsplash.
Impact Lives Here
The University of Cincinnati is leading public urban universities into a new era of innovation and impact. Our faculty, staff and students are saving lives, changing outcomes and bending the future in our city's direction. Next Lives Here.
Related Stories
The subtle changes in hearing you should never ignore
July 24, 2026
It’s easy to dismiss changes in hearing as minor. But as The Washington Post recently reported, these symptoms could also signal a medical emergency that many people don’t recognize — known as sudden sensorineural hearing loss, a rapid decline in hearing that occurs suddenly or over a few days.
UC experts say proper produce washing is key defense against Cyclospora
July 24, 2026
Hamilton County Public Health reports confirmed cases of cyclosporiasis, as concerns persist. Cyclospora is a parasite that can cause a stomach illness lasting days — sometimes even weeks. University of Cincinnati medical experts say it is usually linked to contaminated water or food, often fresh produce.
What are the options for male birth control?
July 24, 2026
Despite major advances in contraception during the past several decades, responsibility for pregnancy prevention falls largely on women. As recently reported in Endocrinology Advisor, a new generation of male contraceptive candidates is advancing into early- and mid-stage clinical trials.