Literature Review from the year 2013 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, University of St Andrews (School of Management), language: English, abstract: In his most recent book 'Beyond the Corporation: Humanity working', David Erdal, book author and Non-Executive Director at Baxendale Ownership, strongly promotes the superiority of employee ownership. He gives a wide range of best practice examples across industries from various countries, without neglecting the essential theoretical foundation of the concept of democratic employee ownership. The book, which was published in March 2011, builds an argument around the financial collapse 2008 - 2009, when many traditional companies failed, suffered severely, or at the very least were shaken.