Worker-Controlled Firm
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Worker-Controlled Firm

A for-profit company owned by its own employees. Employees assume the risk of the company's failure (though they may have limited liability) and benefit from its success. A worker-controlled firm gives employees a vested interest in and a tangible share of the company's profitability; however, the risk exists that employees do not have the skills to be effective business owners.

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Worker-Controlled Firm (redirected from Worker Controlled Firm)

Worker-Controlled Firm
(redirected from Worker Controlled Firm)