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
‘GangTok’: Study provides insights about the presence of gang culture on Tiktok
May 12, 2026
John Leverso, an assistant professor in the UC School of Criminal Justice, is lead author of the research, 'GangTok: Street gang content, culture, and roleplay on TikTok' published recently in Crime, Media, Culture: An International Journal.
Is there anything to fear from Hantavirus?
May 12, 2026
The University of Cincinnati's Carl Fichtenbaum, MD, professor of clinical medicine in the Division of Infectious Diseases in the Department of Internal Medicine at the College of Medicine, recently appeared on Scott Sloan's show on 700 WLW to share facts surrounding Hantavirus.
Strong data, stronger AI defines 2026 Analytics and AI Summit
May 12, 2026
More than 400 attendees gathered at the Sharonville Convention Center in suburban Cincinnati on May 5 for the UC Center for Business Analytics and AI’s 14th annual Analytics and AI Summit.