noun
employee-run management; employee ownership system
A business management style where employees take on ownership-like responsibility and decision-making, rather than top-down control. Wasei-eigo from 'owner system'.
wasei-eigo (Japanese-coined English), from owner system
この会社はオーナーシステムを導入して、社員一人ひとりが経営に参加している。
This company has introduced an employee ownership system, and each employee participates in management.
noun
owner-managed property; joint management by owners
Used for condominiums, apartment blocks, or shared facilities where the owners collectively manage the property instead of hiring an external management company.
このマンションはオーナーシステムで管理されていて、居住者が自主的に運営している。
This apartment building is managed under an owner system, with residents running it voluntarily.