The Birmingham-based John Lewis partnership and a list of other British companies were highlighted in European parliament as prime examples of successful employee ownership schemes.
Anthea McIntyre, Conservative employment spokesman in the European Parliament, said the UK had more than 100 such companies contributing more than £25 billion to the economy.
And she gave a roll call of UK businesses which were achieving better performance by making their staff their stakeholders.
Miss McIntyre, Conservative MEP for the West Midlands, addressed the parliament's Employment Committee in Brussels as it considered a new report to encourage the development of Employee Financial Participation (EFP) in Europe. The report highlights the potential of such schemes for both workers and employers and suggests a number of measures which could be taken at EU level to promote EFP.
She said: "I very much support the need for awareness-raising campaigns, exchanges of best practice, more transparency and information, the promotion of financial education with respect to retail and equities investment.
"There are several excellent examples of EFP particularly in my own country, for example John Lewis - a large and well known retailer. John Lewis is an employee-owned partnership model which operates differently from private-equity backed businesses and stockmarket-listed companies as instead of profits flowing to the shareholders, at John Lewis they flow to the staff in the form of the annual bonus.
"There are more than 100 companies in the UK with significant employee ownership. These include some well know names such as Blackwell bookshops, jam makers Wilkin & Sons - who make wonderful jams and sauces – and Scott Bader, a polymers manufacturer.
"A survey of financial data from more than 250 firms (both private and employee owned) backs up other studies showing that employee-owned businesses typically out-perform those companies in which employees do not have an ownership stake or the right to participate in decision-making.
"Employees who have a stake in the company are more committed to delivering quality and more flexible in supporting the needs of the business."
The European Union must be on the lookout for cases of "gold plating" when it undertakes its Annual Burden Survey, MEPs were told today.
The warning over so-called gold plating - when member-state governments take EU legislation and add their own unrelated and burdensome clauses at the implementation stage - was issued by Anthea McIntyre, Conservative MEP for the West Midlands.
She spoke out as she published detailed proposals on behalf of her political group, the European Conservatives and Reformists, to improve the European Commission’s annual burden survey (ABS) and help reduce over regulation across the EU.
Miss McIntyre was instrumental in setting up the survey as a potential warning system for the Commission on the consequences of excessive regulation.
She believes that while the Commission's first ABS had been worthwhile, future ones must show more ambition.
She said: "We may create a simple piece of legislation at EU level - easy for businesses to understand and comply with. But when it’s transposed into national legislation, it doesn’t stay like that.
"Additional or completely unrelated elements are added to the legislation. The Annual Burden Survey should identify these cases of gold plating.
"By using the ABS to bring transparency to the legislative process, we can ensure that legislation remains simple, clear and enforceable. And we can make sure that Europe is not blamed for unpopular legislation that has in fact been created by a Member State."
Other proposals from an ECR policy working group chaired by Miss McIntyre include calling on the European Parliament's research arm to produce in-depth reports into the impact of its proposals, and a truly independent Regulatory Scrutiny Board with experts in place of European Commission officials.
Senior MEPs have launched an urgent appeal to halt the execution by the Iranian authorities of an innocent member of a persecuted religious minority.
Led by British MEP Anthea Mcintyre, the politicians are calling on Iran to stop the execution of Yavar Mohammed Salas and order a retrial after he was sentenced to death by the Iranian Supreme Court last week.
She is gathering signatures from MEPs of all nationalities and across the political spectrum for a letter insisting Iran's leadership must stop the hanging and conduct a fair trial.
Supporters say Mr Salas, a Gonabi Dervish, was wrongly convicted of the murder of three police officers when the case against him remained incomplete and unsubstantiated. Eyewitness and photographic evidence establishing his innocence was ignored by the court, while an alleged confession was extracted under duress.
Miss McIntyre, Conservative MEP for the West Midlands, said: "It appears Mr Salas was denied proper legal representation and that his trial violated the Iranian constitution and penal code.
"We say there must be no execution and this man must be allowed his right to a fair trial. We also condemn the suppression of religious and ethnic minorities, and the persecution of Gonabadi Dervishes in Iran, and call for the immediate release of detainees who have been imprisoned because of their beliefs."
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