Työntekijäosakeyhtiö

Työntekijäosakeyhtiö, often translated as "employee-owned company" or "workers' cooperative company," is a specific form of limited liability company in Finland. It is characterized by the fact that its employees are the primary owners of the company. This ownership structure can vary, but typically a significant proportion of the shares and voting rights are held by the employees.

The legal framework for työntekijäosakeyhtiö is based on the Finnish Companies Act, with additional provisions that may apply to this specific ownership model. The purpose of establishing such a company is often to empower employees, foster a stronger sense of commitment, and ensure that the company's decisions are aligned with the interests of those who work there. This can lead to a more participatory management style and a more equitable distribution of profits.

In a työntekijäosakeyhtiö, employees may acquire shares through direct purchase, as part of their compensation package, or through employee stock ownership plans. The governance of the company usually involves employee representation in decision-making bodies, such as the board of directors. This structure can contribute to a stable and motivated workforce, as employees have a direct stake in the company's success. The concept aims to blur the traditional lines between management and labor by making employees stakeholders.