Robuta

https://www.nber.org/books-and-chapters/shared-capitalism-work-employee-ownership-profit-and-gain-sharing-and-broad-based-stock-options/risk-and-lack-diversification-under-employee-ownership-and-shared-capitalism Risk and Lack of Diversification under Employee Ownership and Shared Capitalism | NBER Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings... lack of diversificationemployee ownershiprisk