Employee Stock Ownership Plans (ESOPs)
Examines definition, purpose, benefits, implementation, regulations and alternatives; focusing on examples and legal decisions.
# 14315 | 2,925 words | 11 sources | 1999 |
Published on Jul 21, 2003 in Business (Finance, Investment and Banking) , Business (Management) , Business (Applied Operations)
$19.95 Buy and instantly download this paper now
From the Paper:"EMPLOYEE STOCK OWNERSHIP PLANS
An Employee Stock Ownership Plan is an employee benefit plan that makes the employees of a company owners of stock in that company. An employee stock ownership plan is commonly referred to as an ESOP. Its counterpart is the employee stock ownership trust that can be used as the vehicle for holding the shares allocated to the employees. The ESOP is technically considered a stock bonus plan and the trust may qualify as a tax-exempt employee trust. (Leimberg, Kasner, Kandell, Miller, Rosenbloom, and Levy, 1995, p. 71) As a retirement plan, it usually covers all full-time adult employees and the ESOP trust holds stock in the employee-participants' names. After employees leave the company, they can receive the value of the shares that have been contributed into their accounts. (Rodrick..."
Cite this Term Paper:
Employee Stock Ownership Plans (ESOPs) (2003, July 21) Retrieved September 25, 2022, from https://www.academon.com/term-paper/employee-stock-ownership-plans-esops-14315/
"Employee Stock Ownership Plans (ESOPs)" 21 July 2003. Web. 25 September. 2022. <https://www.academon.com/term-paper/employee-stock-ownership-plans-esops-14315/>