Difference between revisions of "Employee stock ownership plan"
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According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
:[[ESOP]] (''employee stock ownership plan''). A type of benefit such as a retirement plan in which employees own stock in the company. | :[[ESOP]] (''employee stock ownership plan''). A type of benefit such as a retirement plan in which employees own stock in the company. | ||
| + | According to the [[HRBoK Guide]], | ||
| + | :[[ESOP]]. Employee stock ownership plan. A tax-qualified benefit plan with defined contributions that allows employees to own shares in a company. | ||
==Related concepts== | ==Related concepts== | ||
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*[[Talent Management Quarter]]. | *[[Talent Management Quarter]]. | ||
| − | [[Category: Septem Artes Administrativi]][[Category: Articles]] | + | [[Category: Septem Artes Administrativi]][[Category: Articles]][[Category: Management]] |
Latest revision as of 18:26, 19 July 2020
Employee stock ownership plan (also known by its acronym, ESOP) is a company-established benefits plan in which employees acquire stock, often at below-market prices, as part of their benefits.
Definitions
According to Organizational Behavior by Robbins and Judge (17th edition),
- Employee stock ownership plan. A company-established benefits plan in which employees acquire stock, often at below-market prices, as part of their benefits.
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- ESOP (employee stock ownership plan). A type of benefit such as a retirement plan in which employees own stock in the company.
According to the HRBoK Guide,
- ESOP. Employee stock ownership plan. A tax-qualified benefit plan with defined contributions that allows employees to own shares in a company.
