Difference between revisions of "Employee Stock Ownership Plans"
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According to the [[Strategic Management by Parnell (4th edition)]], | According to the [[Strategic Management by Parnell (4th edition)]], | ||
:[[Employee Stock Ownership Plans]] ([[ESOPs]]). Formal programs that transfer shares of stock to a company's employees. | :[[Employee Stock Ownership Plans]] ([[ESOPs]]). Formal programs that transfer shares of stock to a company's employees. | ||
| + | According to the [[Strategic Management by David and David (15th edition)]], | ||
| + | :[[Employee Stock Ownership Plans]] ([[ESOP]]). A tax-qualified, defined-contribution, employee-benefit plan whereby employees purchase stock of the company through borrowed money or cash contributions. | ||
[[Category: Strategic Management]][[Category: Articles]] | [[Category: Strategic Management]][[Category: Articles]] | ||
Latest revision as of 22:20, 15 July 2020
Employee Stock Ownership Plans (ESOPs) is formal programs that transfer shares of stock to a company's employees.
Definition
According to the Strategic Management by Parnell (4th edition),
- Employee Stock Ownership Plans (ESOPs). Formal programs that transfer shares of stock to a company's employees.
According to the Strategic Management by David and David (15th edition),
- Employee Stock Ownership Plans (ESOP). A tax-qualified, defined-contribution, employee-benefit plan whereby employees purchase stock of the company through borrowed money or cash contributions.
